Banking

The risks are lower than many accountants think -- and the rewards are greater.

The Financial Accounting Standards Board has released staff guidance on how to estimate credit loss reserves.

Businesses are tweaking their cash flow and accruals to lower their interest rates on borrowing.

The new accounting standard will have a varying impact on financial institutions.

The widow of a onetime Frenchman billionaire won a round of her fight against a criminal tax investigation linked to the Panama Papers leak that initially targeted her husband.

The chief executive officer of Denmark’s biggest fund will step down for allegedly trying to dodge Swiss taxes while running a unit of Nordea Bank a decade ago.

As tuition costs continue to rise and loan debt becomes a growing burden, more students are choosing credentials like the CMA.

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

A dispensary owner becomes the first person sentenced for marijuana-related tax crimes.

The new revenue recognition standard doesn’t only affect publicly traded corporations and large privately held companies. It could have an impact on small businesses, particularly if they hope to obtain bank loans next year.

The Internal Revenue Service has issued a private letter ruling allowing an unnamed employer to make 401(k) contributions on behalf of employees who are repaying their student loans.

Banks were among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institutions treating employees, customers and investors?

The private debt collection agencies that have contracted with the Internal Revenue Service to help collect overdue tax receivables have some security vulnerabilities, according to a new government report.

BlueVine attracts investment from Microsoft, and DocuWare shows promising growth.

The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.

The movement by major, established financial institutions could serve as a great way for accounting and audit professionals to get their feet wet on the technology.

The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.

Maurice Berdugo saw a major gap in the system when his bank couldn’t provide an old check image he needed. So he created LedgerSync.

A Tennessee law enacted last month that specifically cuts taxes for publicly traded investment firms will benefit AllianceBernstein Holding LP in its move to Nashville from New York City.

For accountants who manage credit for their clients, organizing and sharing data, tracking orders, scheduling tasks and managing workloads are key to long-term success and growth.