Cutting-edge technology could help authorities identify wrongdoing, with well over half of Turkish companies announcing outright losses or “symbolic” profits.
Category: NYT Accounting News
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.
Tech News: Insightsoftware launches ESG solution
Plus, Solix Technologies touts enterprise-grade document management on a budget; and other accounting technology news.
Whistleblower awards from the IRS more than doubled
The IRS Whistleblower Program paid whistleblowers 121 awards totaling $88.8 million in fiscal 2023, up from $37.8 million the previous year.
Tax Fraud Blotter: The Empire strikes out
Gone in a Flash; all in the family; spreadsheeting it high and deep; and other highlights of recent tax cases.
IFAC works to develop accounting profession in Africa
The International Federation of Accountants teamed up with the Pan African Federation of Accountants to report on how the profession can play a key role in transforming the continent’s finances.
The past and future of accounting ethics
Ethical standards in accounting encompass the moral principles and rules that accountants are required to adhere to during their professional work.