Noble Group holder attacks ‘shocking’ loss as dispute flares

One of Noble Group Ltd.’s largest shareholders has stepped up criticism of the embattled commodity trader, describing losses as “shocking” and warning the billions in red ink will pile more pressure on investors to agree to a controversial debt-for-equity rescue plan that it opposes.


HP-Autonomy fraud trial is spun for jury as $9B whodunit

To prosecutors, Hewlett-Packard Co.’s purchase of Autonomy Corp. was akin to buying a Pinto dressed up as a Cadillac.


AICPA and NASBA sign pact with Scottish accountants

The American Institute of CPAs and the National Association of State Boards of Accountancy have signed a mutual recognition agreement with the Institute of Chartered Accountants of Scotland to provide a streamlined process for accountants to practice in each other’s country.


Art of Accounting: Revenue from tax clients

Every client, from the largest to smallest, pays part of your salary, so every client should be treated with respect, care and importance.


GE revamps board, adding former FASB chair Leslie Seidman, as CEO asks investors to look past troubles

General Electric Co.’s boss wants investors to know that all the negative headlines dogging the manufacturer don’t tell the whole story.


Selecting lease accounting software — what to consider

New FASB guidelines have made selecting and using accounting software more important than ever. Here’s how to choose.


Most companies are struggling with new lease accounting standard

While 75 percent of companies find the FASB standard more complex than expected, only one third have sought out software to address the challenge.


N.J. Senate supports property tax as annual charitable write-off

New Jersey took the first step toward allowing residents with the nation’s highest property taxes to circumvent a new federal limit on state and local tax deductions.


IRS fell short on worker misclassification initiative

Keeping employees from being mislabeled as independent contractors hasn’t been a big priority, according to a report from the Treasury Inspector General for Tax Administration.


SEC wants cybersecurity disclosures

The Securities and Exchange Commission voted unanimously to approve guidance to encourage public companies to provide more information about cyber attacks, data breaches and the risks of them occurring.