Browsing: Accounting

The head of the US accounting rulewriter wants to reexamine how companies report the cash they generate and spend as such transactions get more complex. Investors rely on cash flow details to analyze a business’s liquidity and spot red flags like high cash burn rates. But financial reports may not…

Agencies New Delhi: Tirumala Tirupati Devasthanams, one of India's richest religious trusts, has roped in the Institute of Chartered Accountants of India (ICAI) to bolster record-keeping of donations and contributions received from devotees and various entities.The development comes as allegati…

Published June 26, 2026, 2:08 p.m. EDT 1 Min Read The Federal Accounting Standards Advisory Board issued staff implementation guidance Friday implementing its Management Discussion and Analysis standard from 2024, which replaces an earlier standard. Processing Content Staff Implementation Guidance (…

Published June 26, 2026, 1:22 p.m. EDT 8 Min Read Lulling tactics; up to 152 years in prison; big-ticket items; and other highlights of recent tax cases. Processing Content Philadelphia: Gregory J. Stefan Jr., 56, of Upper Merion, Pennsylvania, entered a plea of guilty to seven counts of wire fraud …

Published June 26, 2026, 12:05 p.m. EDT | Updated June 26, 2026, 12:08 p.m. EDT 1 Min Read Top 25 Firm Carr, Riggs & Ingram appointed Dee Burger as its first CEO. Processing Content In the new role, Burger will help the firm "deliver high levels of client value across its broad portfolio of…

Published June 26, 2026, 12:00 p.m. EDT | Updated June 26, 2026, 12:03 p.m. EDT 1 Min Read Chief auditor Barbara Vanich is set to depart the Public Company Accounting Oversight Board on July 15, after 17 years. Processing Content The PCAOB is beginning a search to fill the role and will solicit appl…

The civil tax branch of the Justice Department is hiring again after losing more than a third of its staff amid the Trump administration’s effort to downsize the federal government and revamp the department. The decades-old DOJ Tax Division split at the end of last year, a move that critics said s…

Indonesia’s regulations targeting child users push platforms to comply with stricter rules, with TikTok and YouTube leading account deactivations as enforcement ramps up across the broader digital ecosystem. Indonesia has begun enforcing sweeping restrictions on children’s access to social media…

Popular fashion giant Zalando's shares fell about 7% on June 26 after Germany's financial regulator, BaFin, opened a formal review of the company's 2025 financial statements. The investigation is linked to Zalando's acquisition of ABOUT YOU, the German online fashion retailer it …

Bitcoin treasury firm Strategy is facing renewed market and legal pressure after Rosen Law Firm announced an investigation into potential securities claims involving the company and its public disclosures to investors. The investor rights law firm said it is reviewing allegations that Strategy may h…