Accounting

RECENT NEWS
Wall Street Journal  Oct 14  Comment 
Embattled U.K. supermarket chain Tesco has asked three more employees to step aside as part of a continuing investigation into the company’s accounting practices.
Financial Times  Oct 13  Comment 
Watchdog examined 271 accounts and sort further information on 37% of them
Forbes  Oct 13  Comment 
For most Americans, the largest single bill they'll ever encounter in their lifetime is from a hospital. As a percentage of our National Healthcare Expenditure (NHE), the dollars flowing through America's 5,700 registered hospitals is about 31% of...
The Hindu Business Line  Oct 12  Comment 
Grounded carrier Kingfisher Airlines is facing a close regulatory scrutiny over suspected lapses in its accounting practices and the Corporate Affairs Ministry is looking into possible violations...
Wall Street Journal  Oct 10  Comment 
L-3 Communications received subpoenas over accounting problems revealed in July, but the defense contractor’s shares jumped after the company said it had completed an internal review.
MarketWatch  Oct 9  Comment 
The restaurant-and-arcade company has a curious definition of ‘gross margin,’ writes Tim Mullaney.
The Hindu Business Line  Oct 8  Comment 
The CA Institute has come up with a new version of proposed accounting standard on ‘financial instruments’ and sought public comments on this draft standard. This new version – which is b...
StreetInsider.com  Oct 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/PDL+BioPharma+%28PDLI%29+Names+PwC+as+New%2C+Independent+Accounting+Firm/9895898.html for the full story.
MarketWatch  Oct 6  Comment 
Supermarket chain Tesco PLC appointed two new non-executive directors Monday, bolstering its board amid official investigations into a significant accounting error. Richard Cousins, chief executive officer of food-services giant Compass Group PLC...
The Hindu Business Line  Oct 1  Comment 
Britain's financial watchdog has launched a full investigation into the accounting scandal at Tesco, which wiped £3 billion ($4.9 billion) from the troubled British grocer's stock market value las...




 
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