Deloitte is said to find Dubai’s Abraaj commingled $95M

The Middle Eastern investment firm has been roiled by allegations of misused funds.


Puerto Rico tax deal gives federal board power over use of cash

The deal to steer some ofthe territory’s future sales taxes to a key group of bondholders puts a U.S. oversight board in charge.


Colleges get tax reprieve in push to value endowment assets

Private universities won’t be taxed on unrealized income from their billions of dollars in assets before the levy was approved.


Climbing the lease accounting compliance mountain

Now is the time to start preparing for the next big accounting standard.


Accountants Confidence Index — June 2018

With tax season in the rearview mirror, the Accountants Confidence Index edged back up after two months of decline.


Tori Spelling among California’s top tax delinquents

The state recently released its most recent list of those who owe it the most.


Clawback threat helps boost CFO performance and pay

A new study finds companies that have the ability to recoup compensation from managers generally try to protect the integrity of their accounting.


IRS grants relief for Indiana weather victims

Affected taxpayers can get deadline extensions and penalty abatements.


IRS plans regulations to ease taxes on college endowments

The Internal Revenue Service said Friday it plans to issue regulations may limit the impact of a new excise tax on the endowments of private colleges and universities under the new tax law.


Benefiting from cost segregation in the new tax environment

Cost segregation treatment has been around for a long time, so why is it more relevant now than ever? The answer: bonus depreciation.