Changing rules on taxation of gambling winnings may produce some unexpected upsets. SEC and FASB post 2021 financial reporting taxonomy → | By Michael Cohn 3 min read | The Financial Accounting Standards Board said Tuesday the Securities and Exchange Commission has accepted the latest updates to the GAAP Taxonomy for filing financial statements with the SEC. | |
In the blogs: Roll the credits! → | By Jeff Stimpson 3 min read | When everybody wants returns; future CPAs; the lure of Tinseltown; and other highlights from our favorite tax bloggers. | |
Wirecard ‘criminals’ duped us, says EY auditor → | By Karin Matussek 3 min read | An Ernst & Young partner said his firm fell victim to “criminals,” rejecting allegations EY didn’t do enough to uncover wrongdoing at the now-defunct payment processor. | | |