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President Donald Trump brought a long-simmering debate on Wall Street to the surface Friday when he prodded regulators to look into scaling back how often publicly traded companies report financial results.
August 17 -
Corporate executives and their accountants have long contended that the use of adjusted earnings, which ignore costs like acquisition expenses, interest payments or just about anything they find inconvenient, gives investors a better picture of companies’ performance. Under no circumstances is it manipulation, they say. But a new study suggests it just might be.
August 6 -
Poor record-keeping meant the owner couldn’t document sales of non-marijuana merchandise.
July 3 -
Volkswagen AG’s Porsche sports car unit is under investigation by the Stuttgart tax office over the way it accounted for marketing and catering expenses during the past 8 years, according to people familiar with the matter.
June 29 -
The Tax Cuts and Jobs Act has companies facing the unusual problem of what to do with their extra money.
June 5 -
Randy Rupp, CEO of Top 100 Firm Rehmann, discusses how his firm is expanding its managed IT services practice.
April 23 -
The Internal Revenue Service and the Treasury Department released new guidance Monday on computing the business interest expense limitation under the new Tax Cuts and Jobs Act.
April 2 -
Sen. Sheldon Whitehouse and Rep. Lloyd Doggett have proposed legislation in the House and Senate to ensure multinational companies pay the same tax rate on profits earned abroad as they do in the U.S., to counter some of the effects they claim from the Tax Cuts and Jobs Act that Republicans passed last December.
February 27 -
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Corporate investment decisions must achieve a balance between short- and long-term performance objectives to sustain future growth.
October 25KPMG LLP