PJ Patel, co-CEO and senior managing director of Valuation Research Corporation, discusses valuation issues involving deferred revenue from mergers.

Corporate executives and their accountants have long contended that the use of adjusted earnings, which ignore costs like acquisition expenses, interest payments or just about anything they find inconvenient, gives investors a better picture of companies’ performance. Under no circumstances is it manipulation, they say. But a new study suggests it just might be.

Special Counsel Robert Mueller’s prosecutors walked the jury in the trial of Paul Manafort through records to back their claim that the former Trump campaign chairman deceived his own financial advisers to hide his foreign accounts and income from U.S. tax authorities.

The Governmental Accounting Standards Board is proposing new guidance to provide a single method for government issuers to report conduit debt obligations and related obligations in order to eliminate differences in practice.

The Financial Accounting Standards Board is looking for public companies that are willing to participate in research on potential improvements to the segment aggregation guidance and the reportable segments process.

The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.

ADP has acquired Celergo, a provider of payroll management services in 150 countries.

This report will combine research and editorial expertise to identify the leading apps for the accounting software – and to show how accountants are making the best of them.

New York firm The Bonadio Group also held its first-ever ‘Purpose Day,’ encouraging staff members to take a day off to volunteer in local communities.

The Big Four firm netted almost three times as many new engagements as any other auditor.