China Fines PwC $62 Million for Botching Its Work for Evergrande
The New York Times - Accounting and Accountants
by Alexandra Stevenson
3w ago
Authorities also imposed a six-month suspension on the local operations of the global firm, which was once a dominant auditor in China ..read more
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Detroit Nonprofit CFO Accused of Stealing $40 Million
The New York Times - Accounting and Accountants
by David A. Fahrenthold
4M ago
Prosecutors said the financial chief of the Detroit Riverfront Conservancy used the group’s funds for personal purchases from Louis Vuitton and a diamond dealer ..read more
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SEC Charges Trump Media Auditor With Fraud
The New York Times - Accounting and Accountants
by Matthew Goldstein
5M ago
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow ..read more
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Everybody Wants a Piece of South Carolina’s $1.8 Billion Surplus. Is It Real?
The New York Times - Accounting and Accountants
by Victor Mather
6M ago
Whom does it belong to? How did it get there? Why? The more legislators dig, the murkier things seem to get ..read more
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Eric and Donald Trump Jr. Testify in Fraud Trial, Casting Blame on Accountants
The New York Times - Accounting and Accountants
by
1y ago
Donald Trump Jr. and his brother Eric Trump both testified in the trial that accuses their family business of overvaluing its assets ..read more
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Nancy Marks, George Santos’s Treasurer, Pleads Guilty in Federal Inquiry
The New York Times - Accounting and Accountants
by Grace Ashford and Michael Gold
1y ago
Nancy Marks, one of the embattled congressman’s closest associates, oversaw the campaign finances that have faced widespread scrutiny ..read more
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What to Know About Sam Bankman-Fried’s Fraud Trial
The New York Times - Accounting and Accountants
by David Yaffe-Bellany
1y ago
Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars of FTX customer money ..read more
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UBS Reports $29 Billion Profit, a Record
The New York Times - Accounting and Accountants
by Michael J. de la Merced
1y ago
The huge gain stems from the bank’s acquisition of its rival Credit Suisse this spring for about $3.2 billion, a steep discount that is skewing its quarterly results ..read more
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UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal
The New York Times - Accounting and Accountants
by Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
1y ago
The Swiss bank’s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history ..read more
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‘Going Concern,’ Going Bust
The New York Times - Accounting and Accountants
by Jason Karaian
1y ago
The term, which refers to a company that will continue to operate for at least a year, is rarely used unless a company is in trouble ..read more
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