Investments

The accounting standards update aims to improve financial accounting and disclosures about activities related to environmental credits and obligations.

Individual and corporate tax receipts dropped in the wake of President Donald Trump's signature tax cut legislation.

SOC Investment Group, an advisor to union-affiliated pension funds, is urging U.S. regulators to probe SpaceX's financials ahead of a Wall Street debut.

Behind on AI; Show-Me State; sunsetting FIRE; and other highlights from our favorite tax bloggers.

The old corporate disclosure regulations, issued under former SEC Chair Gary Gensler, had never been implemented amid a spate of legal challenges.

The Institute of Internal Auditors is calling on lawmakers and policymakers to strengthen their oversight of prediction markets such as Kalshi and Polymarket.

The Financial Accounting Standards Board added a project to its technical agenda to allow insurance companies to use the "portfolio layer method" when doing hedge accounting on their financial liabilities.

The House Appropriations Committee approved further budget cuts for the IRS, expanding the use of AI and data analytics to handle enforcement.

The blue-chip auditing firm of Deloitte is being sued after signing off on the fund's financial statements before its collapse in 2025.

Charles Schwab is becoming the latest brokerage to rein in a booming but potentially risky part of its business.

The accounting standards update offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.

A short seller is taking aim at the more than $1 trillion that's invested in strategies that reduce taxes for the rich — putting one of the U.S.' most staid money managers in its crosshairs.

Exchange funds could help address some wealthy clients' concentration risks and tax quandaries at the same time.

The IRS and Treasury are providing guidance on how states, territories and the District of Columbia can nominate census tracts to be qualified opportunity zones.

Organizations seem to be going all in on AI, not only planning huge investments in it this year but making these investments central to their growth strategy, even amid other economic headwinds.

Verifying environmental and social impacts is more complex than traditional financial accounting. But complexity is not a reason for retreat.

The yearslong lawsuit involves the investors in a defunct hedge fund who sued the auditing firm for negligence, breach of contract and breach of fiduciary duty.

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors' Internal Audit Foundation.