Companies that botch the accounting for transactions between different legal entities within their organizations can make their financial reporting slipshod. Deloitte polled more than 3,800 ...

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 ...

DALLAS, TX / ACCESSWIRE / February 5, 2018 / Trintech, a leading global provider of integrated, cloud-based Record to Report (R2R) software solutions for the office of finance, today announced that ...

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 ...

Sometimes inventory changes hands between companies. The consolidated balance sheet that is completed at the end of the year provides businesses with a full snapshot of the various intercompany ...