Investments

A bipartisan group of lawmakers is proposing to boost affordable housing by 2 million units over the next decade by expanding a key tax credit.

Sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization.

The SEC has tweaked certain accounting rules and is considering doing more.

The thoughtful development of a formalized internal control framework can help with effective management of risk.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

Companies can streamline their environmental, social and governance reporting using technology, according to a recent report.

The lack of universal, comparable disclosure makes internal rankings less than reliable.

The American Institute of CPAs and the Center for Audit Quality both submitted comments to the Securities and Exchange Commission expressing support for climate change disclosures by companies.

The Sustainability Accounting Standards Board and the International Integrated Reporting Council finalized their merger to unite their ESG reporting frameworks.

As companies come under increasing pressure to deal with climate change and diversity, their internal auditors are putting more emphasis on making sure environmental, social and governance reports are reliable.

The IFRS Foundation is looking for a chair and vice-chair of a board that will set global ESG reporting standards.

The administration is looking for big money from a higher corporate tax rate and better IRS enforcement.

The International Accounting Standards Board proposed a comprehensive framework for management discussion and analysis to better align with investor needs.

The Securities and Exchange Commission wants input from accountants on rules it is developing for disclosing climate risks and environmental, social and governance reporting.

The goal of the offset market is to reduce emissions, but without clear accounting and strict regulations there’s a big risk of greenwashing.

President Biden releases his annual budget on May 27, a move likely to detail his plans to increase the capital gains tax rate and eliminate a lucrative benefit for inherited estates.

There's a lot more to think about than just organizing their financial reports and getting their bills paid.

Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others.

Financial executives are eyeing tax changes expected in the Biden administration, demands for more environmental, social and governance reporting, and diversity efforts.

For some wealthy investors, expanded government crackdowns on land deals are creating financial and legal headaches.