Explore OCBOA, a flexible non-GAAP accounting framework that includes tax-basis, cash-basis, and statutory accounting, offering an easier, cost-effective alternative for financial statements.

The foundation of NRI taxation rests on establishing residential status as per Section 6 of the Income Tax Act, 1961. An individual is classified as non-resident if they do not satisfy any of the ...

A statement of comprehensive income provides a broader view of a company's financial performance than a traditional income statement, but certain items are excluded to maintain clarity and focus on ...

Most of Andrew Cuomo’s income came from Innovation Strategies, a company created for his consulting work before he ran for mayor of New York City, a review of his tax returns showed. By Nicholas ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

Florida State football plans to keep Mike Norvell as its head football coach for the foreseeable future despite the program's struggles. The university released a statement Monday, Oct. 20, regarding ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

WASHINGTON — President Donald Trump said Friday that he has ordered the deployment of two U.S. nuclear submarines in response to what he called "highly provocative statements" from former Russian ...

The editorial board is a group of opinion journalists whose views are informed by expertise, research, debate and certain longstanding values. It is separate from the newsroom. At the gala dinner ...

WASHINGTON ‒ Low-income families stand to lose hundreds if not thousands of dollars in income while wealthy ones will gain even more, according to a new analysis of Congressional Republican tax and ...