Audit opinions differ depending on the information available, financial viability, errors..
Even though the IRS is shut down as part of the current US government shut down, Treasury has..
The IRS has released a new Form 1118, “Foreign Tax Credit — Corporations,” and new instructions..
Every year, your audit firm will conduct a fresh risk assessment before the start of fieldwork...
You have choices when it comes to reporting inventory costs. One popular technique — the last-in,..
Accurate overhead allocations are essential to understanding financial performance and making..
How do you report revenue and expenses from long-term contracts? Some companies that were required..
For many companies, revenue is one of the largest financial statement accounts. It’s also highly..
Companies will be able to capitalize, or spread out the costs of, setting up expensive business..
