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By Marine Cole
March 4, 2009
The Financial Crisis Advisory Group, formed by the Financial Accounting Standard Board and the International Accounting Standard Board to respond to the global financial crisis, will hold its third...
By Ronald Fink
February 19, 2009
A significant minority of private companies are considering adopting international accounting standards for reporting their financial results, according to a survey of 1,700 finance executives at...
By Matthew Quinn
February 12, 2009
Insurer Hartford Financial Services Group revealed in a regulatory filing on Thursday that because of credit ratings downgrades it no longer has access to the Federal Reserve’s Commercial Paper...
By Ronald Fink
February 3, 2009
New research suggests that the housing market is unlikely to improve until lenders fully write down their non-performing mortgages....
By Ronald Fink
February 2, 2009
The Satyam scandal will be followed by similar ones in Asia because of the frequency with which publicly traded companies in that region engage in abusive related-party transactions, a report issued...
By Matthew Quinn
January 27, 2009
Fourth quarter 2008 bank earnings have so far revealed what many had feared: Commercial and industrial loans and commercial real estate credit deteriorated at a faster pace than in the third quarter....
By Tim Catts
January 23, 2009
The financial crisis isn’t just sapping banks’ balance sheets. It’s also undermining finance workers’ confidence, according to a professional placement firm’s survey....
By Ronald Fink
January 22, 2009
Companies won a significant victory over the Internal Revenue Service in a federal appeals court in Boston yesterday, attorneys say. But they cautioned that their victory is far from complete....
By Barry Burr
January 22, 2009
(Pensions & Investments)—General Motors Corp., Detroit, today settled SEC charges that the company made omissions in its pension plan accounting,...
January 19, 2009
(Reuters)—Fraud-hit Satyam Computer Services said on Monday a U.S.-based client had canceled its contract, dealing a blow to the embattled Indian...
January 17, 2009
(SEC nominee Schapiro 'won't feel bound' by IFRS roadmap
By Neil Roland
January 15, 2009
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January 14, 2009
(Reuters)—India’s fraud-hit Satyam Computer Services named new auditors on Wednesday, a first step by the government-appointed board as the company...
January 9, 2009
(Reuters)—U.S. prosecutors dropped fraud charges against former Reagan White House Budget Director David Stockman and three other officials in their...
January 9, 2009
(Reuters)—When it comes to corporate fraud scandals, nowhere is safe....
January 8, 2009
(Reuters)—PricewaterhouseCoopers, the auditors of Satyam Computer Service’s accounts, said on Thursday the audit had been carried out in accordance with...
January 8, 2009
(Reuters)—A $1 billion fraud at Satyam Computer Services may have put the Indian outsourcing vendor’s future in doubt. The shocking scandal, however,...
By Tim Catts
January 7, 2009
The Big Four professional services firms may be better known for their audit and accounting work than their merger advice. But the firms dominated the global rankings for middle-market M&A advisors...
By Ronald Fink
January 7, 2009
The merging of international accounting standards and Generally Accepted Accounting Principles is still five years away. Nevertheless, companies are wasting little time examining the potential tax...
January 7, 2009
(Reuters)—In a stunning development, the head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been ...
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