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BEIJING — High healthcare costs are a big factor driving people in China to save, rather than spend, their money, the International Monetary Fund pointed out in a new book titled "Toward a New Economic Growth Model for China." In rural…
Senate Democrats demanded answers from Meta Platforms, Inc. on whether it used a dubious tax strategy to reap billions in federal breaks to fund data center construction. Led by Senate Finance ranking member Ron Wyden (D-Ore.), the letter escalates a…
However, ERP programs can be delivered on time and on budget while still failing to achieve the outcomes that justified the investment. As a result, accountability for value realization often remains less explicitly owned than accountability for delivery, leaving CFOs…
Hidden allocated costs in fixed asset registers can create challenges for valuation professionals, auditors and finance teams. Companies often discover the problem after a valuation engagement or audit is already underway. Identifying and addressing allocated costs early in a valuation…
The Internal Revenue Service is providing relief on federal taxes and tax penalties on sales of dyed diesel fuel in response to an executive order from President Trump. Last week, Trump signed an executive order easing restrictions and deferring payment…
Please understand that I speak today in my official capacity as the Commission’s Director of the Division of Trading and Markets. These remarks do not necessarily reflect the views of the Commission, the Commissioners, or my Division colleagues. “If this…
Finance leaders are trained to scrutinize the cost of a bad investment. The question that gets asked less often, and that I think deserves more airtime right now, is what it costs to make no investment at all. In most…
Something has shifted in how people go looking for the right accountant or tax preparer. Most firms have not noticed because it's not something that can really be seen from the inside. Think about the scenarios. Someone out there is…
The AICPA has released a new practice guide to help auditors understand how current audit standards do and do not apply to the use of AI, both in terms of entities that used it to draft their financial statements as…
Washington D.C., Oct. 14, 2026 — The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting on Tuesday, October 27, 2026, at 10 a.m. to continue discussing IPO modernization and explore potential policy changes to Regulation Crowdfunding. The…