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Steinhoff International Holdings NV said a review by auditors at PwC into its accounts is focused on certain off-balance-sheet structures and deals with related parties and is likely to find that some assets, revenue and profit figures have been overstated.
March 1
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The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits.
March 1
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Hangouts Chat has been added to Google’s G Suite, along with integrated bots from Xero and Egnyte.
February 28
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The Internal Revenue Service wants taxpayers to make sure they have the proper amount of taxes taken out of their paychecks.
February 28
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The majority of finance leaders are increasing investment in their companies’ efforts to spur change through new technology, according to a new survey.
February 28
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The Internal Revenue Service has issued a notice extending the relief it provided last year to residents who evacuated or couldn’t return because of the damage caused by the monster storms.
February 28
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The American Institute of CPAs and the National Association of State Boards of Accountancy have inked a mutual recognition agreement with the Institute of Chartered Accountants of Scotland to provide a streamlined process for accountants to practice in each other’s country.
February 28
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He who must be named; what’s changing and what isn’t; spins of the Coin; and other highlights from our favorite tax bloggers.
February 27
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The new tax law is anticipated to have a big impact on mergers and acquisitions, according to a new survey by Deloitte.
February 27
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Efforts in the U.S. and Europe to encourage public companies to change audit firms have largely failed, according to new academic research.
February 27
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Tax professionals are looking to the IRS for guidance on the new Section 199A.
February 27
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The Internal Revenue Service is beginning to release tax refunds for taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit after subjecting their tax returns to some extra scrutiny.
February 27
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One of Noble Group Ltd.’s largest shareholders has stepped up criticism of the embattled commodity trader, describing losses as “shocking” and warning the billions in red ink will pile more pressure on investors to agree to a controversial debt-for-equity rescue plan that it opposes.
February 27
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Keeping employees from being mislabeled as independent contractors hasn't been a big priority, according to a report from the Treasury Inspector General for Tax Administration.
February 26
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The Securities and Exchange Commission voted unanimously to approve guidance to encourage public companies to provide more information about cyber attacks, data breaches and the risks of them occurring.
February 26
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An omnibus revision to the Statement on Standards for Accounting and Review Services will come out after tax season.
February 26
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General Electric Co.’s boss wants investors to know that all the negative headlines dogging the manufacturer don’t tell the whole story.
February 26
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Warren Buffett’s Berkshire Hathaway Inc. was a big winner from the recent tax overhaul.
February 26
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Final regulations have been released for how to avoid the centralized way the IRS can now examine large firms.
February 23
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SMBs don’t have the resources to make sense of the changing regulatory landscape, so it's important to help them understand current laws.
February 23
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