Sentences with phrase «accounting irregularities in»

Accounting irregularities in the past three years at both Fannie Mae and Freddie Mac leave little doubt about the need for change.

In 1998, new management discovered serious accounting irregularities in its financial records and restated its revenues and expenses.

On day 7, Drinker Biddle proved there were no accounting irregularities in a presentation to the company's CEO, its board of directors, and the outside auditor — eliminating the need to conduct a costly independent financial audit.

Valeant is hardly the first company to mask accounting irregularities in fast - paced M&A.

Not exact matches

O'Sullivan noted the acquisition in December 2015 coincided with the finalizing of a record fine by Japanese regulators for accounting irregularities at Toshiba, indicating that corporate governance controls were extremely weak.

Viceroy Research, the short seller whose targeting of Steinhoff led the South African furniture retailer to recently own up to accounting irregularities, has a new target in its sights: Capitec Bank Holdings.

«The compliance bar for companies to go public is much higher than in previous years, so things like pending litigation and accounting irregularities need to be clean,» says David Zilberman, partner at venture capital firm Comcast Ventures.

It is unclear what accounting irregularities the company was referring to in its statement on Tuesday.

The mission welcomes the recent adoption of several new tax laws and progress in strengthening payroll controls and addressing payroll irregularities, along with advancing public financial management reform, including in developing the Treasury Single Account.

«President Dilma Rousseff is trying to head off the opposition's efforts to impeach her over alleged accounting irregularities, which means she can not afford to alienate supporters in her Workers» Party by cutting spending or raising taxes.»

The state Board of Elections, in a separate review of Maziarz's campaign account in 2015, found several irregularities, from how checks were issued to lax record keeping.

Yet according to statements issued by UCSF, the university auditor completed a report in June that found no financial irregularities; neither did two additional reviews, one by a group of senior financial officers and another by an outside accounting firm.

Among the things that people have told us they expect to find in the United States: a judiciary where they can get a fair shake; a free press that investigates broadly and exposes wrongdoing wherever it occurs; auditors who probe accounting records and promptly report irregularities; physicians who are not beholden to pharmaceutical companies; colleges and universities where students can study widely, switch fields and not remain indebted for decades; and finally a political system where you can succeed without having to sell your soul to wealthy supporters.

In February 2016, Boeing (BA) got crushed after regulators announced they would be looking into possible accounting irregularities.

• in addition to the irregularities, Fiberxon's independent auditors called into question the commitment of Fiberxon's management to maintain reliable financial reporting systems, including accounting books and records, in conformity with accounting principles generally accepted in the United States and the People's Republic of China;

This announcement — of «possible financial irregularities «-- rather predictably mutated over the w / e into the announcement of a shortfall of GBP 13 million in client funds (sigh, can you say MF Global, can you say segregated accounts..?).

If there are any errors, omissions or irregularities, customers must notify CIBC in writing within 60 days after the date on which the entry was, or should have been, posted to the account.

http://valuestockguide.com/all/sales/ebix-stock/ Valuestockguide 1st may 2013; On Feb 21, there was an article in Seeking Alpha claiming accounting irregularities at the company causing the stock to plunge to the $ 13 / share level.

WellCare offices were raided by the FBI in October of 2007 and the company was subsequently charged with accounting irregularities and fraud.

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 jetIn 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 jetin 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.

Balfour Beatty plc, the listed engineering, construction, services and investment business, conducted an internal investigation into the accounting treatment of certain «payment irregularities» within a subsidiary involved in a joint venture with an Egyptian company.

The SFO found that inaccurate accounting records relating to the payment irregularities amounted to unlawful conduct in that the subsidiary failed to complete accurate business records as required by the Companies Act 1985.

Johnson, who provided a blow - by - blow account of the Duke lacrosse rape scandal at his blog, Durham in Wonderland, helped uncover various irregularities and misconduct that eventually played a role in the dismissal of case against the Duke students.

Second, on 6 October 2008, the UK's Serious Fraud Office (SFO), in a case the SFO was investigating for evidence of foreign bribery, announced that it had reached a # 2.25 m (US$ 3.9 m) settlement with major construction firm Balfour Beatty plc for alleged unlawful accounting in connection with certain «payment irregularities» which it self - reported.

Prevailed in motions to dismiss securities fraud and derivative claims against CEO of software company based on allegations of backdated stock options and other accounting irregularities.

Represented special committee of independent directors of public telecommunications company in investigation of allegations of improper vendor payments and accounting irregularities.

The measure of damages used in the Livent case was the difference between Livent's value when Deloitte should have resigned (when it discovered irregularities) and Livent's value at the time of insolvency, reduced by 25 per cent to account for contingencies or trading losses, which were too remote to make Deloitte liable.

representing individual employees and ex-employees in ongoing SFO investigations, following allegations of bribery and accounting irregularities at UK corporates;

In deciding whether to disclose the findings, companies will need to take into account (i) Consob's power to request companies to provide documents or information — including documents or information relating to the internal review --(see question 4 above), (ii) the auditors» duty to report irregularities to Consob (see question 7 above), and (iii) the issuers» general obligation to disclose inside information to the public.

In March 2012, our board of directors unanimously approved a Policy on Recoupment of Compensation, or Recoupment Policy, primarily to deter our current and former senior executives and other key employees from taking actions that could potentially harm us and to deter any financial or accounting irregularities with respect to our financial statements.

Researched and resolved irregularities in rent - related financial transactions; flagged and worked with contractors and accounting to reconcile financial records, expedite prompt payment and complete contract closeouts.

Your account processing skills, dealing with financial irregularities and frauds, accuracy in documentation can be best mentioned in our resumes column wise.

Also, in a development that shocks the Toronto real estate community, Martel Realty is shut down after the Real Estate Council of Ontario finds «financial irregularities» in the company's accounts.

In January 2009, RECO began an investigation into Re / Max Executive Realty and its broker, David Seto, after receiving a tip from an anonymous source about irregularities with a trust account.

In June, Mortgage Observer reported that Nicholas Schorsch, American Realty Capital's chairman, resigned from the boards of the company after accounting irregularities were uncovered.

It began an investigation into Seto and the brokerage in January 2009 after receiving a tip from an anonymous source about irregularities regarding a trust account, says the regulator.

For example, British supermarket chain Tesco dropped its auditor of 20 years, PricewaterhouseCoopers, in January for Ernst & Young in the wake of accounting irregularities that prompted a fraud investigation.