Depreciation is often seen as one of the most attractive tools in tax planning. By allowing the gradual deduction of the cost ...

The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" ...

New ASU 2023-09 tax disclosures promise transparency in 2025—but new research warns they may mislead investors and distort investment decisions.

Enron, once a leading energy company, collapsed in 2001 amid the largest bankruptcy filing at the time, valued at $63.4 billion in assets. The scandal involved fraudulent accounting through special ...

For many entrepreneurs, the idea of doing business without taxes feels like a dream: no income tax, no corporate tax, no VAT ...

Goldman Sachs is building AI agents with Anthropic’s Claude to automate trade accounting and client onboarding, aiming to ...

Yorkshire businesses are beginning to feel the impact first hand of the biggest shake-up to UK accounting rules in more than a decade, as changes to FRS 102 come into force for accounting periods ...

Feb 12 (Reuters) - Four partners have left EY following potential breaches in its audit of Shell that resulted in the oil ...

Four EY UK partners have left the firm after breaches of independence rules in its audit of Shell that resulted in the oil ...

Goodwill impairment charges demonstrate mistakes made in the past by management teams, but they don't hurt current-year cash ...

Shell has dropped EY as its auditor just weeks after the UK accounting regulator announced an investigation into the Big Four ...

IN BRIEF As CPA firms increasingly seek to provide integrated legal and advisory services, they face a complex web of ethical ...