GO
Loading...

Enter multiple symbols separated by commas

Accounting

More

  • This firm's shares get hit after Enron comparison Tuesday, 17 Feb 2015 | 6:16 AM ET

    Noble's shares dropped for a second day despite analysts' skeptical view of an anonymous, critical research report comparing the company to Enron.

  • Are short sellers gunning for Singapore again? Monday, 16 Feb 2015 | 3:37 AM ET
    Pedestrians exit an escalator that runs past an electronic screen and ticker board that indicates stock figures at the Singapore Exchange Ltd. (SGX) headquarters.

    Noble Group has become the latest target of a critical research report, sending its shares sliding, but this time, it's spurred questions about the report's writer.

  • RIO DE JANEIRO, Feb 9- By picking a banker instead of an oil executive to run Petrobras, Brazilian President Dilma Rousseff appears to have recognized that the state-run company's biggest priority is to clean up its books and acknowledge how many billions of dollars it lost to a corruption scheme in recent years. While some voice respect for Bendine, who was...

  • Deloitte names first female CEO of a Big 4 firm Monday, 9 Feb 2015 | 11:09 AM ET

    NEW YORK, Feb 9- Deloitte LLP has named veteran Cathy Engelbert as chief executive officer, making her the first woman to become CEO of a major U.S. accounting and consulting firm. Engelbert, 50, was formerly chairman and chief executive of Deloitte& Touche LLP, the U.S. auditing subsidiary of Deloitte LLP. Deloitte LLP is the U.S. arm of Deloitte Touche Tohmatsu, one of...

  • The deal with the SEC notably does not suspend the firms from practicing as accountants for China- based companies listed on U.S. markets. The firms can face an automatic six-month suspension, however, if they fail to produce documents or provide records that the SEC deems to be deficient. The SEC could also start new fast-tracked enforcement actions or revive...

  • The Securities and Exchange Commission said the Chinese units of Deloitte, Ernst& Young, PricewaterhouseCoopers and KPMG will each pay $500,000 and admit that prior to 2012 they did not produce documents the SEC had requested. The settlement with the SEC notably does not suspend the firms from practicing as accountants for China- based firms listed in U.S....

  • The Securities and Exchange Commission said that the Chinese units of Deloitte, Ernst& Young, PricewaterhouseCoopers and KPMG will each pay $500,000 and admit that prior to 2012, they did not produce documents the SEC had requested. The settlement with the SEC notably does not suspend the firms from practicing as accountants for China- based firms listed in...

  • Deloitte, whose audit clients range from carmaker General Motors Co to investment bank Morgan Stanley, achieved total fees including consultancy work of $34.2 billion last year, giving it a $248 million lead over second-placed PwC, the annual International Accounting Bulletin World Survey said. Rob Tautges, chief executive of mid-tier firm HLB...

  • Potpreneurs hit their newest legal hurdle: The IRS Wednesday, 21 Jan 2015 | 3:18 PM ET
    Attendees at the Cannabis Tax and Law Symposium in San Diego.

    Owners of recreational pot operations are preparing to file their first federal tax returns and they're learning some hard lessons.

  • SINGAPORE, Jan 8- Singapore is updating guidelines on an accounting practice mired in controversy for helping multinational companies minimize their tax bills, as the city-state moves more in line with a crackdown by Western governments on aggressive tax avoidance. International taxation has come under scrutiny since a quirk of "transfer pricing" was found...

  • LONDON, Jan 8- Britain's biggest grocer Tesco plans to sell assets and cut hundreds of millions of pounds of costs to fund lower prices in store as part of its plan to fight back from the biggest crisis in its 95- year-history. Seeking to recover from four profit warnings and an accounting scandal last year, new Tesco boss Dave Lewis unveiled his plan alongside a...

  • EY: Making progress on US-China audit spat Wednesday, 10 Sep 2014 | 9:45 PM ET
    EY: Making progress on US-China audit spat

    Mark Weinberger, Global Chairman of EY, explains why he's hopeful for a resolution in the audit dispute between the U.S. and China.

  • Alibaba film unit found possible accounting flaws Friday, 15 Aug 2014 | 1:18 AM ET
    Alibaba film unit found possible accounting flaws

    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.

  • 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.

  • 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.

  • Fed's Dudley warns over Puerto Rico's debt load Tuesday, 24 Jun 2014 | 5:42 PM ET
    A man walks past a vacant building in the Santurce neighborhood of San Juan, Puerto Rico.

    New York Fed President William Dudley warned Puerto Rico about its growing debt load.

  • A renewal in the subscription business model Tuesday, 17 Jun 2014 | 6:00 AM ET
    Tien Tzuo, co-founder and CEO of Zuora

    Consumers today are more likely to obtain goods and services via a subscription than through a purchase, and that's where Zuora comes in.

  • Hertz to restate 2011 results: Report Friday, 6 Jun 2014 | 10:51 AM ET
    Hertz to restate 2011 results: Report

    Hertz Global will restate its 2011 financial statements. Earlier CNBC indicated Hertz may restate its 2012 and 2013 financial statements, but CNBC's David Faber says that is not yet the case.

  • Regulators: Deficiencies in 28% of Deloitte audits Monday, 2 Jun 2014 | 7:06 PM ET

    A regulator discovered deficiencies in 15 out of 53 Deloitte & Touche audits it examined, according to the Wall Street Journal.

  • Ex-Deloitte casino auditor settles gaming charges Tuesday, 20 May 2014 | 5:57 PM ET

    A former chief risk officer for Deloitte & Touche agreed to settle civil charges on Tuesday alleging he violated rules governing auditor independence.