Tax reform may encourage the use of digital currency.

Japanese electronics giant posts massive writedown and chairman resigns on the heels of accounting scandal, providing hours of chaos that shook investor confidence.

Taxpayers are excited, expectant and confused about the Trump administration’s plans – all at once.

Natural-food supplier that began a probe of its accounting practices last year, fell as much 15 percent after saying the U.S. Securities and Exchange Commission has opened a formal investigation into the matter.

Ex-American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg admitted to taking part in two deals to make the insurer’s financial condition look better than it was as part of a $9.9 million settlement with New York that has dragged out for almost a dozen years, the state’s top lawyer said.

Chris Henkel of Moody's Analytics discusses in this video how companies will be adjusting their processes to comply with FASB's new current expected credit loss model for financial instruments accounting.

Chris Henkel of Moody's Analytics discusses in this video how FASB's new standard on current expected credit losses could affect the assets and loans on a company's financial statements.

Democrats on the tax-writing House Ways and Means Committee are objecting to a resolution from House Republicans to repeal recently finalized Treasury Department rules that would discourage corporate tax inversions.

A wide range of accounting and financial executives are tasked with evaluating what adjustments will need to be made and what new procedures will need to be put in place to handle the change.

A group of prominent GOP and business leaders backing a tax on carbon dioxide were taking their case Wednesday to top White House aides, including chief economic adviser Gary Cohn.

Legislation aimed at preventing fraud could cost the economy as much as $21 billion this month.

Donald Trump likes to say you learn very little from a tax return. TurboTax thinks you can learn a whole lot, and that it can earn a whole lot from it, too.

Chris Henkel of Moody's Analytics discusses some of the major features of FASB's new financial instruments standard on accounting for loans.

A pair of new government reports highlighted some of the hurdles the Internal Revenue Service needed to overcome last filing season as it struggles to help taxpayers and identity theft victims despite constrained resources.

FASB's current expected credit loss standard represents a major challenge for financial institutions -- and other businesses, too. Moody's Analytics' Chris Henkel discusses what it means.

The new administration is delivering on bankers’ wish lists and sending shares of the biggest U.S. financial companies soaring.

Confidence in the U.S. economy among business leaders has climbed sharply in the wake of the presidential election, according to a new survey from PricewaterhouseCoopers.

Five more misconception find themselves in the crosshairs of Profs. Miller and Bahnson.

The president faces a major hurdle in fulfilling his pledge to undo the financial reform law: persuading enough Dems to go along.

The positive sign for the start of the year augurs well for business clients, though uncertainty remains.