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Accounting

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  • LONDON, Sept 24- Britain's accounting regulator will study the outcome of retailer Tesco's probe into book-keeping mistakes before deciding whether to take enforcement action, it said on Wednesday.

  • LONDON, Sept 23- Tesco Plc's disclosure of huge accounting mistakes over contracts with its suppliers shocked industry analysts and executives, but not because they didn't realise the potential for disaster.

  • LONDON, Sept 22- Tesco cut its profit forecast for the third time this year on Monday after finding a fault in its accounts, the latest blow of several to the reputation of Britain's biggest grocer.

  • UPDATE 1-Penn West says revamping accounting practices Thursday, 18 Sep 2014 | 9:40 AM ET

    Sept 18- Canadian oil producer Penn West Petroleum Ltd said it was strengthening its accounting practices after a review uncovered irregularities that forced to company to restate some of its prior results.

  • Penn West may have to review results since 2007 Thursday, 18 Sep 2014 | 8:23 AM ET

    Sept 18- Canadian oil producer Penn West Petroleum Ltd, under fire after it uncovered accounting irregularities in July, said its audit committee determined that the company needs to review results going back to 2007..

  • According to the SEC, AgFeed's Chinese management kept two sets of books- a real one and a fake one to present to investors. The case has garnered some attention because the SEC also charged the company's former U.S.-based independent audit committee chairman, a rare move by the agency.

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

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

  • 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.

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

    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 on November 12, 2013 in the Santurce neighborhood of San Juan, Puerto Rico. The island territory of the United States, Puerto Rico, is on the brink of a debt crisis as lending has skyrocketed in the last decade as the government has been issuing municipal bonds.

    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 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.

  • Here's what keeps CEOs up at night  Tuesday, 18 Mar 2014 | 7:54 AM ET

    John Veihmeyer, KPMG Chairman & CEO, discusses the challenges ahead as businesses grapple with new regulations.

  • Executive Edge: Ford CEO brushes off China fears  Tuesday, 13 Aug 2013 | 6:22 AM ET

    Ford CEO Alan Mulally says he is not overly concerned about a pullback in China's growth; regulators want more information from auditors about their views on a company, and fares could rise if some airlines merger, reports CNBC's Becky Quick.

  • Former KPMG auditor Scott London says he made about $70,000 in the insider trading scheme, and plans to plead guilty to securities fraud, reports CNBC's Jane Wells.