ATLANTIC CITY, N.J. — A 2022 exercise by the IRS at a New Jersey university is going viral today as the Trump administration hinted at undoing the weaponization of the…
By Ross Kerber (Reuters) – New U.S. climate-disclosure regulations should boost demand for services of the Big Four accounting firms and more specialized reviewers, and could sharpen a rivalry between…
By Akash Sriram and Jaspreet Singh (Reuters) -Intuit said on Monday it has made its tax preparation tool, TurboTax, available within its personal finance portal and accounting software to tap…
(Reuters) -Fisker said on Monday its chief accounting officer Florus Beuting has resigned, within two weeks of being appointed to the role. Beuting, who expressed his intent to resign on…
Damian Williams, the United States Attorney for the Southern District of New York, announced earlier today that NEIL COLE, the former Chief Executive Officer of Iconix Brand Group, Inc. (“Iconix”),…
By Jonathan Stempel NEW YORK (Reuters) – General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of concealing risks at its power…
By Mike Stone WASHINGTON (Reuters) – President Joe Biden’s administration will announce $200 million of new weapons aid for Ukraine as soon as Tuesday, U.S. officials told Reuters, as it…
By Manoj Kumar and Jatindra Dash and Sumit Khanna BHUBANESWAR, India (Reuters) – The world’s major accounting firms are stepping up investments in new Indian facilities away from bigger cities…
By Emilio Parodi MILAN (Reuters) – Prosecutors in Milan are probing allegations of false accounting in relation to the crisis at Italian life insurer Eurovita, a person with knowledge of…
Pentagon Says It Discovered Extra $6.2 Billion For Ukraine Weapons Aid Thanks To Accounting Error Micaela Burrow on June 20, 2023 The Department of Defense (DOD) overestimated the value of…
(Reuters) – The Pentagon found it had overestimated the amount of funding for ammunition, missiles and other equipment it sent to Ukraine by $6.2 billion due to an accounting error,…
SAO PAULO (Reuters) – The head of Brazil’s lower house authorized on Wednesday the creation of a committee to investigate Americanas, the retailer at the center of a nearly $4…
SAO PAULO (Reuters) – Brazilian securities watchdog CVM said on Friday it has launched two new probes into retailer Americanas SA’s accounting scandal and the firm’s reorganization process. CVM said…
RIO DE JANEIRO (Reuters) – The former chief executive of scandal-hit Brazilian retailer Americanas SA testified on Thursday at the country’s securities watchdog, a source familiar with the matter said,…
(Reuters) – KPMG is cutting close to 2% of its workforce in the United States, becoming the first of the world’s four biggest accountancy firms to slash jobs in the…
SAO PAULO (Reuters) – The chief executive of Brazil’s biggest private lender Itau Unibanco said on Wednesday that the accounting inconsistencies that led retailer Americanas SA to request bankruptcy protection…
SAO PAULO (Reuters) – Brazilian retailer Americanas SA said on Friday its board had decided to remove three directors and three executives amid investigations over so-called accounting inconsistencies. Americanas, backed…
By Douglas Gillison and Chris Prentice (Reuters) – The U.S. accounting watchdog is facing a lawsuit over claims the regulator’s process of handling disciplinary matters behind closed doors is unconstitutional.…
(Reuters) – U.S. Senators Elizabeth Warren and Tina Smith are demanding an accounting from the Federal Reserve and other U.S. financial regulators of banks’ cryptocurrency activity and ties to the…
Damian Williams, the United States Attorney for the Southern District of New York, announced earlier today that a federal jury found NEIL COLE, the former Chief Executive Officer of Iconix…
(Reuters) – The U.S. Securities and Exchange Commission has charged Canadian cannabis company Cronos Group Inc and its former chief commercial officer with accounting fraud, the regulator said on Monday.…
WASHINGTON (Reuters) – The Public Company Accounting Oversight Board (PCAOB) on Tuesday said it has fined an accountant with its largest-ever civil monetary penalty against an individual and sanctioned his…
Tampa, Florida – U.S. District Judge William F. Jung has sentenced Ralph Puglisi (60, Palm Harbor) to 10 years in federal prison for mail fraud. As part of his sentence,…
INDIANAPOLIS – Mindi B. Madison, 52, of Indianapolis, has been charged by information with conspiracy to commit wire fraud. Madison will make her initial appearance on September 15, 2022, at…
(Reuters) – Revolution Beauty Group said on Friday trading in its shares will be suspended from Sept. 1 as the beauty products maker does not expect to release its 2022…