Faced With Conflicting Regulations on Reporting, Does a Company Need Multiple Sets of Books?

By Darrell Oyer Publicly traded companies and many other companies must report financial data in accordance with established financial reporting requirements. These same companies must also file tax returns with the Internal Revenue Service (IRS). If the company has Federal government contracts, there...

Faced With Conflicting Regulations on Reporting, Does a Company Need Multiple Sets of Books?

By Darrell Oyer Publicly traded companies and many other companies must report financial data in accordance with established financial reporting requirements. These same companies must also file tax returns with the Internal Revenue Service (IRS). If the company has Federal government contracts, there...