Congressional Republicans are about to pass, and President Donald Trump is about to sign, a tax bill that violates Trump's campaign promises, does little for the middle class, ignores decades of party orthodoxy on tax cuts and is unpopular with voters. Still, Republicans are celebrating one of their few
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Matthew Winkler at mwinkler@bloomberg.net. To contact the editor responsible for this story: Katy Roberts at kroberts29@bloomberg.net. Before it's here, it's on
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STAFF ACCOUNTANT, ACCOUNTING SUPERVISOR in Financial services and consulting, Accountant with Confidential. Apply Today.
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Pressure is growing for a delay to controversial new accounting rules designed to revolutionise the way insurers report their results, with German insurer Munich Re the latest to call for a postponement. The rules, known as IFRS 17, were unveiled earlier this year and are due to come into force in 2021.
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The biggest news in Canadian accounting didn't even happen in Canada. It was the early Saturday morning announcement that U.S. Senate Republicans had passed a massive tax bill that would cost a trillion dollars over 10 years and lower the corporate tax rate to around 20 per cent. You don't need
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