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Perceived deficiencies in oversight posed a risk that licenses could be granted to applicants lacking financial stability or cybersecurity standards, an audit team wrote.
By Stacy-Marie IshmaelJanuary 9 -
The struggles at smaller companies could create opportunities for professionals that help companies restructure their debt and turn themselves around.
By Ellen SchneiderJanuary 8 -
The 49-year-old ran the group's Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place.
By Henrique AlmeidaJanuary 4 -
The tax lien is a new headache for the luxury retail and real estate tycoon as he tries to stem a flood of insolvencies that have swamped his sprawling empire.
By Jonathan TironeJanuary 3 -
The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.
By Sabah MeddingsJanuary 3 -
In the fiscal year ending in July 2023, Intuit received $106 million in federal research and experimentation credits, which amounted to about 4% of its total R&D expenses.
By Brody FordJanuary 3 -
Narrower criteria reduced the number of qualifying models from about two dozen. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
By Ari NatterJanuary 2 -
The residential landlord with thousands of properties across Germany has been under intense public scrutiny since October 2021.
By Lucca de Paoli and Laura AlvižDecember 27 -
Under the draft proposal from the Treasury Department, hydrogen projects would need to adhere to strict environmental requirements.
By Ari NatterDecember 27 -
Iris supplies software for the U.K. accounting, payroll, human resources and education sectors.
By Swetha GopinathDecember 26