Topic: Accounting Rules

The Ontario Securities Commission charged Sino-Forest and some of the Chinese forestry company's former executives with fraud on Tuesday, nearly a year after the allegations surfaced and its stock imploded.

A major new rule that has drawn the ire of Wall Street is on track for completion sooner than some bankers had expected, dashing the hopes of financial industry lobbyists, who have pressed for a delay. The NYT reports.

A man who set up accounts for funds from a “boiler room” share scam has been jailed for four-and-a-half years after being convicted of three counts of money laundering, the Financial Times reports.

A slew of lawsuits by investors and customers of MF Global Holdings Ltd who sued over the futures brokerage's collapse have been consolidated into one case in Manhattan federal court, a court document showed.

U.S. securities regulators on Wednesday finalized long-awaited rules that will dictate which companies dealing in derivatives will be subject to costly capital, margin and business conduct requirements.

U.S. prosecutors have added a new insider trading allegation against Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble.

After being rejected by the high court, Jeffery Skilling and his attorney will go back to the original court where he was convicted to file a defense motion for a new trial based on new evidence.

The Supreme Court has rejected another appeal from Jeffrey Skilling, the ex-CEO of disgraced energy giant Enron.

Apple rejected on Friday the U.S. Justice Department's allegations that it colluded with publishers over electronic book pricing, saying the charges were "simply not true".

The U.S. government has filed an antitrust lawsuit against Apple and various electronic book publishers, claiming they conspired to raise prices and limit competition. 

The congratulatory e-mails for Carson Block started to arrive on Friday afternoon, within hours of Toronto-listed Chinese forestry company Sino-Forest filing for bankruptcy protection and 10 months after his short-selling research firm, Muddy Waters, accused the company of exaggerating its assets.

Dow is arguing that traditional manufacturers with older but popular products deserve the  research and development tax credit just as much as high-tech companies.

A new wave of scandals involving Chinese companies listed overseas could hit New York and Hong Kong in the coming weeks as the annual results season get under way with auditors on high alert for fraud. The FT reports.

Some celebrities fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just couldn’t get that return finished on time, or just didn't think they had to pay what they owed.

Starbucks will open the first store in its new Evolution Fresh juice bar chain on Monday, its biggest move outside coffee and one it hopes will boost the company's position in the $50 billion health food sector.