Investments

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.

Chalk up a win for asset managers in the Congressional battle over reshaping the U.S. tax regime. For everyone else, however, the celebration will have to wait.

The Republican tax plan isn’t designed to help rich New Yorkers, but Wall Street can certainly look forward to some advantages, said Treasury Secretary Steven Mnuchin.

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?

U.S. public companies recorded $28.5 billion in goodwill impairment in 2016, half the $56.9 billion they reported in 2015, according to a new study.

Startups and venture capitalists rarely get worked up over laws before they pass, but the tax plan currently winding its way through Congress is causing an uproar in Silicon Valley.

The House tax bill released Thursday preserves the carried interest tax break—paid to private-equity managers, venture capitalists, hedge fund managers and certain real estate investors—despite President Donald Trump and GOP leaders’ promise to do away with loopholes for the wealthy.

Is a financial planning practice right for you?

The confidence of U.S. investors in the U.S. capital markets reached a record high this year, according to an annual survey by the Center for Audit Quality, with high confidence expressed in auditors and audited financial statements.

Total funding for the digital payments company is now at $200 million.

Cohen & Co. has merged in Arthur Bell to create one of the largest accounting firms specializing in auditing mutual funds, exchange-traded funds, hedge funds and investment advisers.

Investors in the world’s largest bond market may need to pay a lot more attention to Washington once more.

The Financial Accounting Standards Board has released its long-awaited hedging standard, the final component of its financial instruments convergence project with the International Accounting Standards Board.

Rev. Proc. 2017-52 opens up a new area for PLRs.

The International Integrated Reporting Council and the Institute of Chartered Accountants of Scotland have published a new report describing how businesses can achieve Sustainable Development Goals.

The Committee of Sponsoring Organizations of the Treadway Commission’s internal control framework can help provide more assurance to investors about sustainability reporting by companies, according to a new paper.

The Financial Accounting Standards Board released its long-awaited hedge accounting standard this week, but companies may want to be careful about adopting it early, or else they could miss out on some one-time benefits.

A recent academic study lends support to the Public Company Accounting Oversight Board’s regulatory oversight of auditing firms, suggesting it gives investors greater confidence in companies, in turn leading to more capital available to businesses.

A growing number of key congressional Republicans are considering a controversial maneuver that would allow for about $450 billion of tax cuts without offsets, according to four congressional aides familiar with the discussions.

The United Nations Academic Impact and MLOW provide an example to follow.