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Eighty-seven percent of multinational enterprises believe that transfer pricing is a risk when they manage their financial statements because of higher compliance requirements, according to a newly released survey.

Accounting Today is in the midst of compiling its annual list of the Top 100 Firms.

A majority of companies do not have a formal, documented tax risk management strategy in place, according to a newly released survey.

The Internal Revenue Service has issued guidance on whether a taxpayer can claim a dependency exemption deduction for an unrelated child.

As more firms go paperless, their engagement documents are increasingly residing in a virtual world.

Lord of the Rings director Peter Jackson has settled his accounting and legal dispute with New Line Cinema, and has signed on to executive produce the next two movies, based on J.R.R. Tolkien's The Hobbit.

The Financial Accounting Standards Board has proposed an overhaul of the board's structure that would cut the number of members of the board from seven to five and allow the chairman to put items on the agenda.

'Tis the season for holiday cheer and especially gifts, so herewith are some presents that accountants might like to find coming down the chimney this year in the company of a chubby bearded man.

The cost of preparing the average tax return rose just 2 percent in the past two years, according to a newly released survey.

Epicor Software said it planned to acquire NSB Retail Systems for approximately $322 million.