Despite Internal Revenue Service assertions that it had halted the decline in the government's efforts to police corporate tax non-compliance, the pace of corporate audits is running well below record ...

The Financial Reporting Council (FRC) is introducing a major overhaul of its audit supervisory model, aiming to replace the ...

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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 ...

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 ...

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, ...

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 ...

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 ...

Corporate jet owners and operators are bristling at the dozens of additional audits that are coming their way later this spring as announced last week by the IRS. Industry groups say jet users haven’t ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. As the onset of the new tax accounting reporting standard approaches, external ...