Clusterstock  2 hrs ago  Comment 
LONDON — Tesco is paying out £235 million ($294.9 million) to settle two investigations by watchdog's into the supermarkets 2014 accounting scandal. The supermarket announced on Tuesday that it has agreed a deferred prosecution agreement...  Mar 27  Comment 
Settlement could see supermarket pay in excess of £100m and agree to conditions to avoid prosecution for overstating profits The Serious Fraud Office and Tesco are within days of announcing a settlement that could mean Britain’s biggest...
Wall Street Journal  Mar 27  Comment 
The Financial Accounting Standards Board is putting the finishing touches on a plan to modify how companies report their hedging activities, such as using futures and options to insulate profits from currency or interest rate swings.
Yahoo  Mar 25  Comment 
Britain's biggest retailer Tesco (TSCO.L) is in advanced talks with the Serious Fraud Office (SFO) over a plea deal that would involve it paying a large fine over its 2014 profit overstatement, Sky news said on Saturday. Sky said it had learned...
The Economic Times  Mar 22  Comment 
People with accounting background were found to be assessing a person's suitability for the loan merely because they were certified as chartered accountant.
The Economic Times  Mar 21  Comment 
Not many firms have incorporated all the policies and rules that are expected of them under the new accounting standards, sources said.
TechCrunch  Mar 14  Comment 
 Silverfin, a startup out of Ghent, Belgium (of all places) that offers a “connected accounting platform” to help businesses stay on top of their financial data, has picked up $4.5 million in Series A funding. Read More

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