The I.R.S. believes the American drugmaker used an abusive offshore scheme to avoid federal taxes.
Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices.
My relationship with him is the most positive one I’ve ever had with a man over money.
Britain is finally departing from the European Union, but its formal exit is only the beginning of a high-stakes experiment to unstitch commercial relations across an integrated continent.
Early in his career, Mr. Sarbanes introduced the first article of impeachment against Richard Nixon. Decades later, he wrote legislation in response to fraud scandals involving Enron and other companies.
The rules are complicated and vary by state, so accountants are advising taxpayers to keep track of how many days they spend working in each state.
Markus Braun built Wirecard to “conquer the world,” but those aspirations attracted skeptics. Its accounting scandal has sent shock waves through Germany.
The payment company is ensnared in an accounting scandal after it admitted that $2 billion in its accounts probably did not exist.
The implosion of a Chinese competitor to Starbucks has bolstered the cause of American politicians aiming to stop opaque Chinese companies from raising money in the U.S.
Changing rules have led to taxpayer confusion. We asked accountants and other specialists to help sort it all out.