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.

An IAEA team is criss-crossing Ukraine this month to assess the status of electrical substations critical for nuclear safety and security, following recent military attacks targeting energy ...

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 ...

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 ...

The EU welcomes the agreement on the first phase of the Comprehensive Plan to end the Gaza Conflict put forward by President Trump to secure an immediate ceasefire and the release of all hostages. We ...

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.

The President Tinubu-led administration has introduced a new personal income tax calculator to help workers and business owners easily determine how much tax they should pay. In this explainer, we ...

Comprehensive auto insurance covers your vehicle’s repair or replacement costs if it’s stolen or damaged by a non-collision event. Find out the cost and coverage to determine if it's right for you ...

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 ...

MOSCOW, May 8 (Reuters) - Russian President Vladimir Putin and Chinese President Xi Jinping signed a statement on Thursday to deepen the comprehensive strategic partnership between their two countries ...