This section is my thoughts on some areas in the accounting arena.
The Securities and Exchange Commission said its enforcement director, Andrew J. Ceresney, plans to leave the SEC by the end of the year.Read More
Serious Fraud Office (SFO) confirmed that Tesco’s former chief executive Philip Clarke will not face charges in relation to an accounting scandal at the supermarket chainRead More
Wesley R. Bricker to take over as Chief Accountant of the US SEC after the retirement of the current Chief Accountant James Schnurr.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