Definition of «accounting irregularities»

"Accounting irregularities" is a term used to describe any improper or fraudulent activities in financial records or the reporting of financial information. It refers to inconsistencies, manipulations, or misrepresentations in the company's accounting practices that violate accounting principles or regulations.

Sentences with «accounting irregularities»

But they are still down over 20 percent since Toshiba first disclosed cases of accounting irregularities in early April. (reuters.com)
• During the due diligence phase of the acquisition, MRV became aware of accounting irregularities at Fiberxon that called into question the reliability of Fiberxon's historical financial statements, which were serious enough in nature to lead to the removal of the Chief Executive Officer and the Vice-President of Finance of Fiberxon in the first half of 2007. (greenbackd.com)
In 2004, the SFO started an investigation into suspected accounting irregularities relating to BAE and a government to government deal struck in 1985: Britain signed the Al - Yamamah arms for oil deal with Saudi Arabia, the biggest ever UK export contract involving the sale of 120 Tornado fighter jets. (lawyer-monthly.com)
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