Accounting and auditing procedures are the steps that accountants and auditors follow when performing their respective tasks. Although accounting is about recording business transactions into ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. GAM has agreed to pay a fine to the Swiss stock exchange and will include a financial liability in its accounts ...

WASHINGTON (Reuters) - Hertz Global Holdings has agreed to pay a $16 million fine to settle a case over accounting misstatement, the U.S. Securities and Exchange Commission (SEC) said in an order ...

The International Accounting and Assurance Standards Board has released a revised standard for identifying and assessing the risks of material misstatements. International Standard on Auditing (ISA) ...

LONDON (Alliance News) - IT managed services firm Redcentric PLC said Tuesday that a forensic review of its misstated accounting balances has found a cumulative overstatement of net assets and ...

Patisserie Valerie has announced to the stock market it has found the misstatement in its accounts was “extensive” and involved “very significant manipulation”. The cake specialist, which came close ...

THE FRC has banned two former Connaught finance directors responsible for a £4m accounting misstatement at the collapsed social housing maintenance provider. An investigation by the accounting ...