Financial reporting

The new standard represents one of the biggest changes to IFRS in decades.

Allen Weisselberg admitted to falsely testifying about his role in the valuation of assets the state proved at trial had been inflated for years to get favorable terms on loans.

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

The probe involves practices around free cash flow and non-GAAP operating margin practices, the company said.

Grifols SA shares dropped as investors evaluated a regulatory review of the Spanish bio-science company's financial reports, which found "relevant deficiencies" but no major accounting mistakes.

How can your company achieve financial well-being? The key is to invest in tech solutions.

Next stop, more billions; misaimed mansion tax; auditing's future; and other highlights from our favorite tax bloggers.

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.