Unlock efficient intercompany management with Intuit Enterprise Suite (IES). This guide provides clear accounting policies, reconciliation best practices, and system requirements to ensure accurate ...

When a group of two or more businesses is required to report financial results on a consolidated basis, generally accepted accounting principles, or GAAP, require the elimination of intercompany sales ...

Imagine a world where the general public not only cares about the tax function, but they have an idea of what tax professionals do. In this theoretical world, certain areas of tax, such as transfer ...

Companies that botch the accounting for transactions between different legal entities within their organizations can make their financial reporting slipshod. Processing Content Deloitte polled more ...

Large, multinational firms have subsidiaries and franchises all over the world. When working out a global corporate strategy, these branches of the same firm are regularly doing business among ...

Did the Filinvest case really put to rest the issues relating to DST on intercompany advances or did it just create other concerns? For one, we now have to consider whether the doctrine in the ...

Now more than ever, robust internal financial controls are a top priority for a financial industry that is fighting to regain the trust of its shareholders. Automation is a sure-fire way to ensure ...

Mergers and acquisitions are prompting companies to take risky accounting maneuvers, warns a new report from Deloitte. The report, “ Cleaning up the mess under the bed – Why intercompany accounting is ...

Fitch Ratings believes pure captive insurers potentially increase their liquidity risk when they make intercompany loans to their parent company sponsors, according to a report. This liquidity risk ...