Collaborating with companies they compete against is helping some finance executives make sure their organizations won't be outliers after they implement the new revenue recognition standard.
In some cases, governments may seek access to smartphones or other devices used by travelers. Here's a look at how to protect your data the next time you go on a trip.
These strategies can help multinational companies -- including small and medium-sized businesses -- manage the risk associated with currency fluctuations.
The Tax Court held that Amazon.com had properly valued transfers of intangibles under a cost-sharing arrangement with its Luxembourg subsidiary. The court held that the Internal Revenue Service acted in an "arbitrary, capricious, and unreasonable" manner in the case, which involved over $234 million in assessed tax deficiencies.
The Internal Revenue Service no longer has authority or jurisdiction over a practitioner once he or she has been suspended from practice, a federal court held while enjoining the Office of Professional Responsibility from attempting to regulate a disbarred practitioner's tax preparation activities.
Jaspon serves as treasurer and vice president of finance.
Character strengths such as perseverance and self-discipline, not cognitive skills, are the true driver of success in life, according to Brookings Institution research. "There is a long research literature on the importance of self-control, or the ability to defer gratification -- a close corollary of our conceptualization of the character strength of prudence," the report says.
The Accounting and Auditing Organisation for Islamic Financial Institutions, based in Bahrain, has published draft accounting standards for Islamic bonds known as sukuk. The rules cover the treatment of sukuk on balance sheets and the types of disclosures issuers should make.
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