All accounting misstatements articles
-
ArticleGlass Lewis and ISS issue new policy guidance on impacts of the coronavirus
Glass Lewis and Institutional Shareholder Services both issued new policy guidance this week on how they intend to approach a variety of matters around the coronavirus pandemic, including executive compensation.
-
Blog
Hertz to pay $16M civil penalty for accounting violations
Car rental company Hertz Global Holdings will pay a $16 million civil penalty to settle a case concerning inaccurate financial reporting, the Securities and Exchange Commission announced in an order filed Dec. 31.
-
Blog
Tesco, the SFO, and the FCA come to terms
Tesco Stores will pay a £129 million (U.S.$161.4M) fine over a 2014 misstatement of the retailer’s profits. The fine, part of a deferred prosecution agreement with the Serious Fraud Office, is a clarion call for all companies to strengthen their internal controls.
-
Blog
BT triples writedowns after full probe of accounting irregularities
Paul Hodgson looks at the recently revealed rise in writedowns for BT and how the company plans to rectify accounting issues in its Italian operation.