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  • NEW YORK, Sept 10- Accounting firms PricewaterhouseCoopers and Crowe Horwath must face a lawsuit accusing them of professional malpractice and breach of contract for not catching a fraud that led to the 2009 collapse of Colonial Bank, a federal judge has ruled.

  • *Anonymous Analytics accused Tianhe Chemicals of false accounting. SHANGHAI, Sept 10- The cost of borrowing shares in China's Tianhe Chemicals has risen since an equities research house alleged last week that the company cooked its books, suggesting the report was gaining traction with investors.

  • Audit: 'Legal' pension spiking costs $800 million Tuesday, 9 Sep 2014 | 6:44 PM ET

    LOS ANGELES— Thousands of California public workers have sweetened their retirement checks with a now-outlawed accounting maneuver that will cost nearly $800 million over two decades, an audit disclosed Tuesday.

  • Regulators start inquiry into electric co-op cash Tuesday, 9 Sep 2014 | 12:44 PM ET

    JACKSON, Miss.— Regulators will review the books of Mississippi's 25 electric power associations to try to determine whether they are holding money that should instead flow back to customers. Michael Callahan, CEO of the Electric Power Associations of Mississippi, has pledged to work with the commission to examine the issue.

  • PwC must face $1 bln lawsuit over MF Global advice Wednesday, 27 Aug 2014 | 1:59 PM ET

    NEW YORK, Aug 27- A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.

  • Aug 15- Chinese mobile-security software maker NQ Mobile Inc's Chief Financial Officer KB Teo resigned, citing family reasons, amid a buyout offer and a delay in filing its annual report. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.

  • Aug 15- Deloitte LLP's Chief Executive Officer Joe Echevarria plans to retire later this month to follow his interest in public service, the accounting and consulting firm said on Friday. Deloitte LLP is the member firm of Deloitte Touche Tohmatsu Limited, a UK private company. Subsidiaries of Deloitte LLP include audit firm Deloitte& Touche LLP.

  • UPDATE 1-NQ Mobile CFO resigns, cites family reasons Friday, 15 Aug 2014 | 11:49 AM ET

    Aug 15- Chinese mobile-security software maker NQ Mobile Inc's Chief Financial Officer KB Teo resigned, citing family reasons, amid a buyout offer and a delay in filing its annual report. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.

  • NQ Mobile CFO resigns, cites family reasons Friday, 15 Aug 2014 | 8:04 AM ET

    Aug 15- Chinese mobile-security software maker NQ Mobile Inc said Chief Financial Officer KB Teo resigned for family reasons, sending its shares down 33 percent in premarket trading. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.

  • Alibaba Pictures, a film and TV production unit of Alibaba Group, said it had found possible irregular accounting ahead of the group's IPO. CNBC's Eunice Yoon reports.

  • HONG KONG, Aug 15- Alibaba Pictures Group Ltd, the recently formed film and TV unit of Alibaba Group, said on Friday it had found possible accounting irregularities and asked for its Hong Kong- listed shares to be suspended until further notice.

  • *Recent successes include Spain's Gowex. LONDON, Aug 12- Fund managers are increasingly turning to investigative tactics, detailed accounting analysis and corporate sleuthing in a bid to uncover skeletons in company closets that can offer an investment edge in a low-yield world.

  • July 31- An employee complaint exposed accounting misconduct at L-3 Communications Holdings Inc, according to people familiar with the matter, prompting the aerospace and defense supplier to fire four people, revise two years of earnings statements and cut its earnings forecast.

  • CALGARY, July 30- Penn West Petroleum Ltd said it has uncovered accounting irregularities that misclassified nearly C $300 million in expenses over the last four years, and the Canadian oil producer will restate its results.

  • Here's how we get to 'Made in the USA' Friday, 25 Jul 2014 | 11:06 AM ET

    If "Made in the USA" is really a national economic goal, then Congress needs to fix the problem here at home, says tax consultant Tim Larson.

  • *IFRS 9 published by Intl Accounting Standards Board. *EU endorsement needed to apply new rule in Europe. The IASB, whose rules are applied in over 100 countries, including Europe but not in the United States, said it was its final reform in response to the 2007-09 crisis.

  • July 18- NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor. NQ Mobile shares fell as much as 21 percent in early trading before reversing course to trade up almost 15 percent by midday.

  • NQ Mobile shares fall after auditor dismissed Friday, 18 Jul 2014 | 10:33 AM ET
    NYSE EuroNext flag hangs outside the NYSE.

    NQ Mobile, a Chinese mobile software maker facing allegations of fraud, saw its shares fall after it dismissed its independent auditor.

  • July 18- NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor.

  • NQ Mobile dismisses PwC as independent auditor Friday, 18 Jul 2014 | 7:48 AM ET

    July 18- NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor. NQ shares fell 11 percent before the bell.