Whenever the Internal Revenue Service starts sniffing around a particular area, it pays to take preventative action. One area the tax agency is poking around these days: How businesses go about ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The Auditing Standards Board (ASB) ...

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...