This section is my thoughts on some areas in the accounting arena.
Two more corporate shareholders filed a legal claim against Toshiba, linked to the the 2015 accounting scandal, seeking $5.08 million in compensation for damages. This brings the total damages sought to $1.2 billion!
PricewaterhouseCoopers revealed that in the UK, they pay their Asian, Black and minority ethnic staff 13 percent less than other employees.Read More
The accountants didn't mess up the Emmy's, yay!!! We got it correct, no snafu's on the final winner names like at the Oscars.Read More
Accounting Fraud Accounting Frauds accounting restatement Accounting Scandal Accoun ting scandals Accounting Scandals Accounting Standards ASC 830 Auditors Balance Sheet fraud bankruptcy bankruptcy accounting Big 4 bill and hold sales channel stuffing contingent sales Convergence cookie jar accounting Covergence Credit- lined note Digimarc Expense Recognition Falsification of Financial Statements FAS 52 FASB Financial Crisis Fresh State Accounting Gloablization Globalization IASB IFRS Inflated Revenues Internal Control Internal Controls Inventory Adjustment KPMG lease material weaknesses Misappropriation of funds Repo 105 revenue recognition Standard Convergence US GAAP Whistleblower XBRL