Category: NYT Accounting News

To the mat; extra help; FACS of the case; and other highlights of recent tax cases.

The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world.

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve their questions ahead of filing, according to a new report.

The Public Company Accounting Oversight Board released a supplement Wednesday to its staff guidance on the remediation process for auditing firms that have deficiencies in quality control that need to be fixed.

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts too late.

The resignation comes after Department of Justice launched a probe into an ex-employee’s claims that Super Micro violated accounting rules.

The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by exchanging equity interests.

The Top 50 Firm is expanding into Delaware with its latest M&A deal.

Intuit announced new features and capacities, many of them within its QuickBooks line of products.

Xero announced the winners of its annual Beautiful Business Fund competition, of which four were based in the US.