'It has broken me': Tesco accounting scandal 'compromised' staff and sparked resignations

'It has broken me': Tesco accounting scandal 'compromised' staff and sparked resignations
Former Tesco executives John Scouler, Carl Rogberg, and Christopher Bush are on trial at Southwark Crown Court. Reuters / Hannah McKay Three former Tesco executives on trial for fraud over £250 million accounting black hole in 2014. Jury hears that two …
'It has broken me': Tesco accounting scandal 'compromised' staff and sparked resignations

KPMG involved in Botswana's biggest accounting scandal

KPMG involved in Botswana's biggest accounting scandal
JOHANNESBURG – The auditing firm has had to fend off fresh allegations of mismanagement after being accused of overseeing what has been labelled the “biggest accounting scandal in the history of Botswana.” This Sunday, Botswana paper, Sunday Standard …
KPMG involved in Botswana's biggest accounting scandal

Ex-Tesco executives 'connived and manipulated figures' to cover up £250 million accounting black hole, court told

Ex-Tesco executives 'connived and manipulated figures' to cover up £250 million accounting black hole, court told
3 charged with fraud by false accounting and of fraud by abuse of position following a £250 million Tesco accounting scandal in 2014; Prosecutors alleges trio told staff to “pull forward” projected income from future accounting periods to cover up holes …
Ex-Tesco executives 'connived and manipulated figures' to cover up £250 million accounting black hole, court told

Fintech startup Curve partners with accounting software Xero to make filing expenses ‘frictionless’

Fintech startup Curve partners with accounting software Xero to make filing expenses ‘frictionless’
Curve, the London fintech startup that lets you consolidate all your bank cards into a single card and track your spending, has partnered with accounting software Xero to remove much of the friction involved in filing expenses. The move is part of the …
Fintech startup Curve partners with accounting software Xero to make filing expenses ‘frictionless’

Accounting watchdog doubles fines in misconduct clampdown

Accounting watchdog doubles fines in misconduct clampdown
The UK accounting watchdog has nearly doubled the level of fines it has issued in the latest financial year, as politicians and investors push for a tougher approach to misconduct. Fines issued by the Financial Reporting Council rose from £6.8m in the 12 …
Accounting watchdog doubles fines in misconduct clampdown

A Must-Read Before You Invest in Accounting Software

A Must-Read Before You Invest in Accounting Software
For small businesses, software is one of the most vital and fundamental tools for running your business successfully. To be a successful business owner, you need to be on top of all inbound and outbound accounts. Losing track of your accounts can often …
A Must-Read Before You Invest in Accounting Software

Readying Your Organization for New Lease Accounting Standards

Readying Your Organization for New Lease Accounting Standards
Once again proving that change is the only constant, corporate accounting teams are readying themselves for new lease accounting rules that could have a huge impact on their companies’ financial statements. Because of the meaningful accounting changes …
Readying Your Organization for New Lease Accounting Standards

The Easiest Accounting Software For Small Business Owners

The Easiest Accounting Software For Small Business Owners
The all-new FreshBooks is accounting software that makes billing painless. From starting a project to accepting payment, you’ll spend less time on your paperwork and more time doing the work you love when you use FreshBooks. FreshBooks empowers you to …
The Easiest Accounting Software For Small Business Owners

McCain demands accounting from VA on money for private care

McCain demands accounting from VA on money for private care
Sen. John McCain is demanding a full accounting from the Department of Veterans Affairs on the financial status of its private-sector health care program after the agency said it could face another budget shortfall as soon as December. The Associated Press …
McCain demands accounting from VA on money for private care

What’s the Profession Going To Do with 79,000 New Accounting Graduates?

What’s the Profession Going To Do with 79,000 New Accounting Graduates?
New signs are emerging that the profession may be approaching a long-awaited inflection point: Productivity gains from new technologies are finally showing up in reductions in hiring plans. That’s good news for some; not so much for others. Exclusively for …
What’s the Profession Going To Do with 79,000 New Accounting Graduates?

Good accounting takes a head for numbers and heart for clients – Bucks County Courier Times

Good accounting takes a head for numbers and heart for clients – Bucks County Courier Times
Bucks County Courier TimesGood accounting takes a head for numbers and heart for clientsBucks County Courier TimesAccounting takes more than just a head for figures. A really good accountant has diplomacy, well-developed people skills, establishes trust and builds rapport with clients. A really great accountants uses his or her integrity to foster collaborative …
Good accounting takes a head for numbers and heart for clients – Bucks County Courier Times

Washington-based accounting firm launches Guyana branch – Stabroek News

Washington-based accounting firm launches Guyana branch – Stabroek News
Stabroek NewsWashington-based accounting firm launches Guyana branchStabroek NewsThe Washington, DC-based accounting and consultancy firm, which is headed by Guyanese Chief Executive Officer Ralph Bazilio, launched its local branch at Parc Rayne, Houston, East Bank Demerara. Among those in attendance at the launch were …
Washington-based accounting firm launches Guyana branch – Stabroek News

Accounting error adds to woes at DX – The Times

Accounting error adds to woes at DX – The Times
The TimesAccounting error adds to woes at DXThe TimesThe annus horribilis of DX Group worsened yesterday when the delivery company revealed that an accounting error would hit annual profits. The parcels, mail and logistics company has already been laid low by a failed merger, profit warning, police …
Accounting error adds to woes at DX – The Times

Seattle accounting firm Moss Adams to merge with Denver company – The Seattle Times

Seattle accounting firm Moss Adams to merge with Denver company – The Seattle Times
Oil & Gas 360Seattle accounting firm Moss Adams to merge with Denver companyThe Seattle TimesSeattle, September 18, 2012 – Moss Adams LLP selected Chris Schmidt to become its next chairman and chief executive officer and Dick Fohn to become president and chief operating officer. Schmidt will succeed Rick Anderson, who announced his plans to …Denver's Hein & Associates to Merge with Seattle's Moss AdamsOil & Gas 360all 2 news articles »
Seattle accounting firm Moss Adams to merge with Denver company – The Seattle Times

Steinhoff shares fall amid accounting fraud report – The Times

Steinhoff shares fall amid accounting fraud report – The Times
Steinhoff shares fall amid accounting fraud reportThe TimesReports that German prosecutors are investigating executives at Steinhoff, South African retail group, over allegations of accounting fraud sent its shares tumbling by as much as 14 per cent yesterday. The claims in Germany's monthly Manager Magazin …
Steinhoff shares fall amid accounting fraud report – The Times

Accounting Standards for Complex Resources of International Organizations – Global Policy Journal

Accounting Standards for Complex Resources of International Organizations – Global Policy Journal
Accounting Standards for Complex Resources of International OrganizationsGlobal Policy JournalThis article will describe the implementation of International Public Sector Accounting Standards (IPSAS) in UN System Organizations and consider technically controversial issues such as revenue recognition in more detail. Based on the IPSAS financial …
Accounting Standards for Complex Resources of International Organizations – Global Policy Journal

Voices Accountants: Are you a cost center or a growth partner? – Accounting Today

Voices Accountants: Are you a cost center or a growth partner? – Accounting Today
Voices Accountants: Are you a cost center or a growth partner?Accounting TodayWhen business owners think of their accountants, some might immediately think of the money they pay for tax preparation, an audit or other compliance services—the type of service “a client doesn't want but needs,” as accounting thought leader Allan …
Voices Accountants: Are you a cost center or a growth partner? – Accounting Today

INSIDE Public Accounting Names ORBA in its Top 200 Public Accounting Firms for 2017 – PR Newswire (press release)

INSIDE Public Accounting Names ORBA in its Top 200 Public Accounting Firms for 2017 – PR Newswire (press release)
INSIDE Public Accounting Names ORBA in its Top 200 Public Accounting Firms for 2017PR Newswire (press release)CHICAGO, Aug. 24, 2017 /PRNewswire/ — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago's largest public accounting firms, has been named one of the country's Top 200 Firms for 2017 by INSIDE Public Accounting (IPA) in its 2017 annual report.
INSIDE Public Accounting Names ORBA in its Top 200 Public Accounting Firms for 2017 – PR Newswire (press release)

Steinhoff executives said to face accounting probe in Germany – Financial Times

Steinhoff executives said to face accounting probe in Germany – Financial Times
Steinhoff executives said to face accounting probe in GermanyFinancial TimesIn a statement, the state prosecutor said it is believed the company under investigation over-stated revenues of subsidiaries in order to inflate their accounting value during arms-length transactions with other group companies. It added that the …and more »
Steinhoff executives said to face accounting probe in Germany – Financial Times

Steinhoff shares dive on accounting fraud probe – MarketWatch

Steinhoff shares dive on accounting fraud probe – MarketWatch
BizNewsSteinhoff shares dive on accounting fraud probeMarketWatchShares of Steinhoff International Holdings N.V. slumped 8.7% to EUR3.87 on the German MDAX midcap index following a media report that German prosecutors are investigating the company's chief executive and other managers for alleged accounting fraud …Steinhoff shares plummet on report of fraud investigationBusiness Day (registration)all 8 news articles »
Steinhoff shares dive on accounting fraud probe – MarketWatch

Steinhoff shares plummet on report of fraud investigation – Business Day (registration)

Steinhoff shares plummet on report of fraud investigation – Business Day (registration)
Business Day (registration)Steinhoff shares plummet on report of fraud investigationBusiness Day (registration)Frankfurt — German prosecutors are investigating Steinhoff CEO Markus Jooste and some other senior managers at the furniture retailer in connection with suspected accounting fraud, monthly Manager Magazine reported, citing no sources. It said on …and more »
Steinhoff shares plummet on report of fraud investigation – Business Day (registration)

Malden student attends accounting summer camp – Wicked Local Malden

Malden student attends accounting summer camp – Wicked Local Malden
Wicked Local MaldenMalden student attends accounting summer campWicked Local MaldenA Malden student, Timothy R. Tso, is among 35 high school juniors and seniors from across the state accepted to a specialized summer camp for students interested in accounting and business careers this past summer. [COURTESY PHOTO] …
Malden student attends accounting summer camp – Wicked Local Malden

Elul Day 1: An accounting of my living room – Atlanta Jewish Times (blog)

Elul Day 1: An accounting of my living room – Atlanta Jewish Times (blog)
Atlanta Jewish Times (blog)Elul Day 1: An accounting of my living roomAtlanta Jewish Times (blog)In an attempt to walk my talk, I'm … attempting Elul. I'm also very big on the Julie and Julia type “blogsperiment” stuff (something I dabbled in back when I was on the dating scene), so assuming I can keep up, you're all going to get to hear about it.
Elul Day 1: An accounting of my living room – Atlanta Jewish Times (blog)

Ukraine Fears Second Ransomware Outbreak as Another Accounting Firm Got Hacked – BleepingComputer

Ukraine Fears Second Ransomware Outbreak as Another Accounting Firm Got Hacked – BleepingComputer
BleepingComputerUkraine Fears Second Ransomware Outbreak as Another Accounting Firm Got HackedBleepingComputerUkrainian authorities and businesses are on alert after a local security firm reported that another accounting software maker got hacked and its servers were being used to spread malware. The incident is almost identical to how the NotPetya ransomware …
Ukraine Fears Second Ransomware Outbreak as Another Accounting Firm Got Hacked – BleepingComputer

UK's Gatton College, Accounting School Receive Reaccreditation – UKNow (press release)

UK's Gatton College, Accounting School Receive Reaccreditation – UKNow (press release)
UK's Gatton College, Accounting School Receive ReaccreditationUKNow (press release)The review team for the Von Allmen School of Accountancy, which underwent a separate review process, praised the school's innovative Master of Science in Accounting program, which boasts a more than 90 percent pass rate on the CPA exam, a significant …
UK's Gatton College, Accounting School Receive Reaccreditation – UKNow (press release)

Accounting for Leases Under the New Standard, Part 1 – The CPA Journal

Accounting for Leases Under the New Standard, Part 1 – The CPA Journal
The CPA JournalAccounting for Leases Under the New Standard, Part 1The CPA JournalThe new lease accounting standard, released by FASB in early 2016, represents one of the largest and most impactful reporting changes to accounting principles in decades. The standard itself is voluminous, and digesting it will be a major task for …and more »
Accounting for Leases Under the New Standard, Part 1 – The CPA Journal

How accounting solutions that 'cost less than a pizza' can drive growth – Tech Wire Asia

How accounting solutions that 'cost less than a pizza' can drive growth – Tech Wire Asia
Tech Wire AsiaHow accounting solutions that 'cost less than a pizza' can drive growthTech Wire AsiaAccounting softwares have begun proliferating all across the tech scene, and in recent years they've become popular with startups looking to cut labor costs and save time. Accounting softwares today come equipped with the latest in artificial …
How accounting solutions that 'cost less than a pizza' can drive growth – Tech Wire Asia

Tesco opens multi-million pound compensation scheme after massive accounting scandal – The Independent

Tesco opens multi-million pound compensation scheme after massive accounting scandal – The Independent
The IndependentTesco opens multi-million pound compensation scheme after massive accounting scandalThe IndependentRetail giant Tesco has opened a multi-million pound compensation scheme, targeting thousands of shareholders and bondholders who were affected by an accounting scandal three years ago that battered the company's share price and triggered a major …TOP NEWS: Tesco Opens Compensation Scheme Relating To Accounts ScandalLondon South East (registration) (blog)all 10 news articles »
Tesco opens multi-million pound compensation scheme after massive accounting scandal – The Independent

America's Governmental Accounting Standards Board is giving ruinously bad advice – FT Alphaville (registration)

America's Governmental Accounting Standards Board is giving ruinously bad advice – FT Alphaville (registration)
FT Alphaville (registration)America's Governmental Accounting Standards Board is giving ruinously bad adviceFT Alphaville (registration)There are many reasons for this, but the official guidance published by the Governmental Accounting Standards Board deserves much of the blame. Politicians are encouraged to low-ball both the value of public assets and the cost of promises made to …
America's Governmental Accounting Standards Board is giving ruinously bad advice – FT Alphaville (registration)