Yesterday, August 28, 2017, the Financial Accounting Standards Board (FASB) issued the long awaited update to the Financial Instrument Standard. The update will require all preparers to change their mindset around hedge accounting. However, this giant leap ultimately may have fallen a little short for commodity hedgers.

Within the space of six weeks the Coronavirus has led to unprecedented restrictions on movement and shut down of industries in mainland China. A&M has a series of risk assessment and mitigation tools available to help businesses with sourcing materials from alternate markets, logistical mitigation as well as teams on the ground in Asia with situation updates.

This article explores the information return filing considerations for U.S. taxpayers that may have been unintentionally or unfairly affected by the introduction of downward attribution.

In this issue of Raising the Bar, A&M Managing Director Lorenzo Grillo explains to top management and boards of directors the value of cyber investments and how corporate leaders can understand, evaluate and effectively manage cyber risks.

Reimagining organisations’ footprints requires ‘hard’ operational and ‘soft’ leadership expertise. A&M’s practitioners help executives make good decisions at each stage of these complex projects.

On December 16, 2019, the Internal Revenue Service (“IRS”) released proposed regulations (REG-122180-18) under Internal Revenue Code (“IRC”) section 162(m), which is the tax provision that generally imposes a $1 million annual limit on deductions by a publicly held corporation for compensation paid to covered employees. In 2017, the Tax Cuts and Jobs Act (“TCJA”) amended section 162(m) by expanding the definition of publicly held corporation and covered employees, and by eliminating the highly utilized performance-based compensation exception. Following the TCJA amendments to section 162(m), the IRS issued Notice 2018-68 (the “Notice”), which provided further insight to the TCJA amendments.

The idea that employees performing substantially equal work should be paid equally is not new. In fact, efforts to address pay discrepancies in the workplace, and specifically the gender pay gap, have been ongoing since before the passage of the Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964. While significant progress has been made, research shows that gender-based pay disparities continue to be a problem which cannot and should not be ignored by employers.

Alvarez & Marsal's Benjamin Dunlap explains the how the banks in the Middle East fare as it relates to Financial Crime Compliance (FCC) and why they need to rethink current compliance practices and become more proactive.

A&M India advised on the historic Essar Steel Ltd deal. Managing Directors Nandini Chopra, Vivek Kamra, and Nikhil Shah supported the insolvency proceedings of India’s biggest Insolvency and Bankruptcy Code (IBC) recoveries.

Paul Aversano, Alvarez & Marsal managing director and global practice leader of its Transaction Advisory Group, speaks to Global Finance about the state of the industry, investor concerns and deal-making.

In moving beyond the political and cultural debates surrounding Brexit, the United Kingdom is now presented with one of those rare opportunities to more fully hit the “reset” button on many of its economic policies, including taxation.

On December 20, 2019, President Trump signed a year-end spending package that included the long-awaited Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”), ushering in the most sweeping reform to retirement saving in the U.S. since the Pension Protection Act of 2006.

A&M Taxand UK and Taxand commissioned macroeconomic research firm, Capital Economics, in Autumn 2019, to analyse and assess the tax system options available to the UK post-Brexit.

For most of the 19th and 20th centuries, the United States was considered to have the most advanced infrastructure in the world, supported by the quality and integrity of the roads, railways, bridges, airports and utilities.

Schools, libraries, hospitals, courthouses, and government buildings serve as the cornerstone of society and facilitate core functions of democracy. Despite the critical role these facilities play in our daily lives, our public buildings, often referred to as social infrastructure, are crumbling.