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A congressional hearing with the Treasury secretary presaged a partisan battle over sweeping reductions set to expire at the end of next year.
March 21 -
A former employee of U.K. tech mogul Mike Lynch's Autonomy Corp. told jurors at his U.S. criminal trial that she and one of her higher-ups were both fired after flagging concerns about accounting irregularities.
March 21 -
Mike Lynch's Autonomy Corp. used a number of accounting tricks to make its revenue growth appear better than it was, say prosectors.
March 20 -
The Chinese real estate company's revenue overstatement dwarfs that of Luckin Coffee Inc. and Enron Corp., dealing a blow to the reputation of its former auditor PricewaterhouseCoopers and the country's financial oversight.
March 19 -
A British hedge fund trader said in court that he and his team did nothing illegal when receiving more than $1.3 billion\ in dividend tax refunds.
March 19 -
Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.
March 18 -
It would cap a remarkable downfall for Mike Lynch if he's convicted of accounting fraud after he sold his startup Autonomy to Hewlett Packard for $11 billion.
March 18 -
The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.
March 13 -
The stock rose as much as 22% in Madrid on Friday after Spanish plasma maker published its annual consolidated accounts with an unqualified opinion from KPMG.
March 8 -
The additional tax revenue raised would go toward services for the city's homeless population.
March 7 -
The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.
March 4 -
KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.
March 4 -
The lack of help means current accountants' hours and workloads can be grueling, upping the odds of mistakes and burnout.
March 1 -
A British hedge fund trader pleaded guilty to allegations he helped swindle Denmark out of about 8.4 billion kroner ($1.2 billion) in a massive Cum-Ex scandal that rocked the Nordic country.
February 29 -
Mayor Brandon Johnson's plan to increase taxes on real estate transactions of $1 million or more was dealt a major blow.
February 26 -
One high point of the trial was the testimony of Oliver North, who said that in 2019 he pushed for an outside audit of the NRA's finances but longtime leader Wayne LaPierre refused.
February 26 -
Trump said that he would make sure that "tariffs on foreign countries go up" and that "taxes on American workers and families will come down very substantially."
February 26 -
The agency will begin three to four dozen new audits this spring to see if inappropriate deductions were made.
February 22 -
The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.
February 21 -
Schneider Electric will pay $80 million to acquire tax credits, which in turn will help fund four Engie North America projects that are slated to come online in Texas this year.
February 20
