Financial reporting

What clients like to believe; Tax Court fun; auditing REITs; and other highlights from our favorite tax bloggers.

The more frequently companies report their earnings, the less likely investors are to make knee-jerk investment decisions, according to recent research.

Large companies are bolstering their adjusted earnings per share by excluding items such as litigation expenses and amortization of intangible assets from their net income.

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

The accounting snarls add to the struggling electric-vehicle maker's issues with cash burn and sluggish auto sales.

A hearing on Capitol Hill reveals some of the problems with the act, and why we may see 'massive' noncompliance.

The Los Angeles-based boutique investment bank's audit by Marcum cited multiple material weaknesses in the company's reporting, and some of the previously reported data was revised.

Companies are increasingly prioritizing disclosures around cybersecurity, executive compensation clawbacks and more.

BEPS Pillar Two will affect a significant number of companies by establishing an effective global minimum tax rate of 15%.

Short-seller Hindenburg had alleged 'major irregularities' and 'manipulated earnings' at the Swiss fintech.