On September 5, the IRS published proposed regulations related to Sections 451(b) and 451(c) of the Internal Revenue Code, providing long-awaited guidance for taxpayers that use an accrual accounting method and have an applicable financial statement and/or receive advance payments.
Martijn Tel of SiriusDecisions tells us why companies can make international expansion as hard or as easy as they want.
A fast-approaching change in US GAAP rules will alter the way companies must recognize revenue from customer contracts. The change provides a global rather than industry-specific framework, using a principles-based approach more aligned with International Financial Reporting Standards.
This month, UK authorities announced that they've launched an investigation into KPMG’s conduct related to an audit of Roll Royce’s financial statements. The investigation appears to be part of a trend of holding auditing firms accountable for policing their clients’ financial behavior.
This post gives an overview of the different types of SSAE 16 reports and why they’re an essential tool for service and software organizations like Radius, and for the clients and prospects that use them.
Starting April 6, 2016, businesses operating in the UK will enjoy greater self-regulation when reporting employee expense reimbursements. UK employers must be wary, since the principles dictating what is reportable (and hence taxable) haven’t changed.