Boeing is plunging after a report that the feds are investigating its accounting – Business Insider

Boeing is plunging after a report that the feds are investigating its accounting – Business Insider


Business Insider

Boeing is plunging after a report that the feds are investigating its accounting
Business Insider
According to the Bloomberg report, the issue lies with a form of financial reporting called program accounting, which allows Boeing to spread the costs of building its planes over a number of years. Though program accounting is allowed by the SEC for
Boeing to Face SEC Probe of Dreamliner and 747 AccountingBloomberg
Boeing’s accounting of 747 and Dreamliner aircraft investigatedThe Guardian
Boeing (BA) May Face SEC Investigation of Dreamliner, 747 AccountingStreetInsider.com
Reuters –Chicago Sun-Times
all 29 news articles »

Boeing is plunging after a report that the feds are investigating its accounting – Business Insider