The majority of large public companies are now reporting environmental, social and governance information, while turning to auditing firms and other providers for assurance to vet the data.
Category: NYT Accounting News
10 digital trends to build a value-driven controllership
Here’s how to go beyond routine process automation and apply strategies that bolster efficiency, autonomy and value.
Americanas ex-CEO released by Spanish police amid fraud probe
The police are looking into possible accounting and marketing fraud, market manipulation and use of privileged information.
IRS finalizes regs on stock repurchase tax
The IRS and Treasury Department released final regulations on how companies and tax pros should report and pay the 1% excise tax on corporate stock repurchases.
High court kneecaps Biden’s policy agenda
The court made it tougher for the administration to defend regulations it issued in recent months to tackle climate change, forgive student debt, crack down on so-called “junk fees” and write tax regulations.
Turkey turns to AI to crack down on rampant tax evasion
Cutting-edge technology could help authorities identify wrongdoing, with well over half of Turkish companies announcing outright losses or “symbolic” profits.
IRS finalizes rules on selling and exchanging crypto
The Treasury and the Internal Revenue Service issued final regulations on reporting by brokers on dispositions of digital assets such as cryptocurrency for customers in certain sale or exchange transactions.
Navigating the new frontier of fraud prevention
The need for a revolutionary approach in fraud prevention is clear.
Trump, Biden debate spurs worries over fitness and taxes
The contentious debate included some discussion on tax policy, but Biden’s unsteady delivery left many Democrats worried about his ability to continue his campaign.
Deadline for MP Elite 2024 submissions extended
Due to extensive interest, Accounting Today is extending the deadline for submissions for its annual Managing Partner Elite list to the end of the day on Monday, July 8.