First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, the IRS is scrutinizing businesses' use of private aircraft, with the tax agency announcing that it will ramp ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Corporate auditing is not normally seen as a creative act. Yet in-house audit guidelines at the Big 4 firms grant individual auditors a significant degree of discretion. And it turns out that there is ...

The ups and downs in the economy during the novel coronavirus pandemic are causing audit committees at public companies to focus on the disclosures in their financial statements and SEC filings about ...

The IRS plans “dozens of new audits” of corporate jet usage as part of its increased scrutiny of large corporations, complex partnerships and top earners. The agency believes some companies overstate ...

The Internal Revenue Service is fundamentally shifting its approach to auditing business tax returns, hoping to rapidly expand the number of businesses it audits by shrinking the time and scope of ...

Audits will be focused on aircrafts used by large corporations, large partnerships and high-income taxpayers with a look at whether there is a proper allocation between business and personal use.

Corporate governance received a grade of B- and has slipped over the past year, according to a new survey of chief audit executives. Processing Content The American Corporate Governance Index survey, ...