Economy

The tax-reform proposal moving through the U.S. Senate would hobble—and potentially cripple—the supply of tax-equity investment, an esoteric but critical source of clean-energy finance.

Traditional cost accounting for mixed-use residential projects often does not properly allocate all construction costs to each section of the property.

RSM International has launched RSM Canada, with 37 partners and nearly 300 professionals in Toronto, with plans to extend its reach across the country.

The tax reform bills passed by the House, and soon to be passed by the Senate, have many similarities. And you can count on measures that are the same in both bills to end up in the final version to be signed by the President.

Outgoing Federal Reserve Chair Janet Yellen said the central bank would welcome and support a faster expansion of the economy stemming from changes in the tax code, provided it was the right kind of growth.

Stephen Mankowski was installed as president, and Neil Fishman as executive vice president.

The amount of total assets under management in donor-advised funds grew 9.7 percent to more than $85 billion last year, as an 80-year-old vehicle for philanthropy and charitable giving continues to grow in popularity.

A majority of small business owners oppose the tax reform plans now being considered by Congress, according to a new survey.

Software for NFPs is getting smarter and more sophisticated -- as are the organizations that use it.

Big Four firms in the United Kingdom should be subject to fines of 10 million pounds ($13.2 million) or more for seriously poor audit work, according to an independent review by the U.K.’s Financial Reporting Council.

Lawyers for an Oxford graduate who is suing the university over his “disappointing” exam grades nearly two decades ago told a London court Tuesday that he missed out on going to law school in the U.S. because of his results.

The N.J. firm will look to provide $15K to a local nonprofit that best demonstrates sustainability.

The White House wouldn’t oppose removing from the Senate tax plan a controversial provision to repeal the individual health-care mandate of the Affordable Care Act, budget director Mick Mulvaney said, a move that could help secure the vote of key Republicans.

New York’s Times Square, which moved past its era of porn and squalor by luring companies to new skyscrapers, now faces defections by some of those very tenants.

Accountants are in fourth place in a new ranking of how different industries fare in terms of return on equity.

The Senate tax plan encountered its first outright Republican opposition this week, from a senator whose concerns might foreshadow the biggest business challenge ahead for the proposal.

Budget plans should be treated as living documents that provide guidance and direction, and are updated and adjusted as actual results unfold. How do finance teams get there?

Experts from PwC parse the differences between the tax reform bills on the treatment of pass-through businesses.