Grant Thornton has released inter.x, a blockchain platform for managing intercompany transactions. The firm has implemented the new platform in-house, but it is also available to clients to manage ...

Major U.S. accounting firm Grant Thornton has announced a new platform for its clients to handle their intercompany transactions using the EOSIO blockchain. By doing this, they capture a small slice ...

Intercompany Predictive Guidance significantly reduces transaction failure rates, eliminates costly rework, and expedites processing across the transaction lifecycle LOS ANGELES, Sept. 12, 2023 ...

Citigroup (NYSE:C) reportedly broke a U.S. Federal Reserve rule that caps intercompany transactions, multiple times, leading to errors in its internal liquidity reporting. The firm's "subsequent ...

A large number of organizations are expanding their businesses internationally, either growing organically or via mergers and acquisitions. With growth comes change and additional reporting processes, ...

Established to curb inversions, the regulation threatens to impact the largest US-headquartered companies. The prospective new rules under Section 385 will see a loan issued to an organization ...

Consolidated accounting is used to group the financial information of a parent company and one or more subsidiary companies. A parent company owns the majority of voting shares of a subsidiary company ...

Citigroup Inc. C is again in the headlines for repeatedly breaching the Federal Reserve’s Regulation W, which limits intercompany transactions. Those breaches led to discrepancies in the company’s ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. As we are in the midst of a different filing season for the 2019 tax year, transfer pricing ...

For investors, a company's financial statements offers insight into the health of the company. Depending on the size of a company and the complexity of its business, the financial statements may be a ...