Industries

The Chinese real estate company's revenue overstatement dwarfs that of Luckin Coffee Inc. and Enron Corp., dealing a blow to the reputation of its former auditor PricewaterhouseCoopers and the country's financial oversight.

Exxon Mobil Corp. won't move forward with one of the world's largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities.

Transit operators in San Francisco's Bay Area are facing massive budget shortfalls as ridership lingers well below its prepandemic levels.

By requiring tenants to retain an independent CPA firm to perform a similar review of the same data, the landlord is all but controlling the outcome.

The additional tax revenue raised would go toward services for the city's homeless population.

There are talks of protesting a key piece of tax law that prevents marijuana companies from deducting expenses like other companies do.

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

Sage, the company behind Sage Intaact and other products, announced a host of new products, features and partnerships at its Las Vegas conference.

Complex transactions in this industry can trigger accounting and reporting issues that may result in SEC letters, restatements and challenging conversations with investors.

The move would make New Jersey's corporate tax the highest rate in the country.