Accounting

RECENT NEWS
The Times of India  1 hr ago  Comment 
Toshiba Corp may need to mark down past earnings by over 100 billion yen ($814 million), more than double earlier estimates, after an ongoing investigation into past accounting practices found more irregularities, a source familiar with the matter...
Japan Today  Jun 25  Comment 
Toshiba Corp may appoint more outside board members to improve oversight of its accounts which it is now investigating after finding irregularities, its CEO said on Thursday. Toshiba has not been able to close its books for the year that ended...
Yahoo  Jun 23  Comment 
Britain's accounting watchdog has opened an investigation into how accounting firm KPMG [KPMG.UL] made sure that Bank of New York Mellon complied with rules on keeping customer money safe. The Financial Reporting Council said on Tuesday the...
MarketWatch  Jun 22  Comment 
The SEC says U.S. companies would rather keep GAAP; more companies issue debt to buy back shares; global bond traders say liquidity drying up; and more.
New York Times  Jun 19  Comment 
A troubling aspect of the exuberance for technology stocks is the degree to which companies promote financial results and measures that exclude the actual costs of doing business.
The Economic Times  Jun 18  Comment 
Wipro is learnt to be nearing a settlement with the US SEC on the private investigation that the latter began last year on the appropriateness of certain accounting entries and the independence of Wipro’s auditors, KPMG India.
The Hindu Business Line  Jun 18  Comment 
Shares in AirAsia Bhd rose as much as 5.9 per cent in early trade on Thursday, the day after the Malaysian budget carrier said its accounting practices were solid after they were questioned by a r...
Wall Street Journal  Jun 17  Comment 
Noble’s chief executive addressed two criticisms of the company—the way it values its 13% stake in Yancoal, and allegations that it is concealing the true nature of its debt.
Financial Times  Jun 17  Comment 
Airline says it is seeking to restore profitability at its Indonesian and Philippine units




 
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