As a potential economic downturn looms, companies need to consider the valuation and accounting ramifications of bankruptcy.

A tax season update from Stephen Mankowski of the National Conference of CPA Practitioners.

Once a distant dream, a worldwide framework for reporting is now being enthusiastically pursued by prominent players.

The board increased its enforcement activity significantly in 2022 and levied record-setting penalties.

The Integrated Reporting Framework was a topic of major importance during the International Sustainability Standard Board's inaugural symposium.

Final regulations issued Tuesday require companies to begin electronically filing certain kinds of returns and documents next year.

The British cybersecurity company has hired the Big Four firm to review "key financial processes."

IOSCO has suggested it would be unreasonable to penalize companies that aren't immediately able to get the data they need to report their complete carbon footprints.

Practitioners share their big worries as filing season picks up speed.

Former central bank governor Mark Carney said the time has come for sustainability reporting to leave voluntary disclosure behind.

The board voted to provide a practical expedient for when companies have related-party arrangements between entities under their common control.

The service provided details late Friday on the federal tax status of special payments made by 21 states in 2022.

The IRS in a separate filing asked a court to compel Kraken to turn over its books and other data.

The service is planning to issue guidance as soon as today on whether special state tax refunds, rebates and payments from states like California, Virginia and others are taxable.

The American Institute of CPAs sent a lengthy to-do list to Capitol Hill with a wide-ranging set of tax proposals large and small.

Twitter Inc.'s U.K. unit failed to report its 2021 corporate finances by a December deadline, the government's public registry said.

The new SITCA would replace previous industry and agency agreements.

The West Virginia senator said the administration has "cherry picked" which of the new rules for electric vehicle tax breaks it wants to follow.

Here are five reasons clients may need more help with household employment matters in 2023

Some benefits actually expired and don't apply this year, and average tax refunds will probably be down as a result.