The fallout from Rudy Giuliani’s “Shag Fund”, revealed last week in Politico.com concerning those mysterious and buried costs surrounding his extramarital affair with Judith Nathan when he was mayor of New York, continues.
Sphere: Related ContentA new report from the Special Inspector General for Iraq Reconstruction (SIGIR) found that the new computer accounting system in Iraq which is supposed to keep track of where the money is going was shut down for a month. Trouble is no-one even noticed.
Sphere: Related ContentThe good news is that over the last decade, more than 50 per cent of accounting graduates have been female. The bad news is that they are not moving into senior level position at the same rate as their male counterparts. Fewer are aiming for partnership as they try to balance family and careers.
Sphere: Related ContentThe prospect of US companies following a single global accounting standard seems to be moving closer with Financial Accounting Standards Board chairman Robert Herz he expects the time is coming when US companies will be made to follow one set of rules. But the debate continues.
Sphere: Related ContentThe Securities and Exchange Commission has charged 69 accounting firms and individuals with violating Sarbanes-Oxley by failing by auditing public companies without registering with Public Company Accounting Oversight Board. Five years on, and you have to question how effective Sarbanes-Oxley is.
Sphere: Related ContentDell boss Michael Dell says he had nothing to do with Dell’s accounting shenanigans. Even though Dell started cooking the books when he was still CEO back in 2003.
Sphere: Related ContentAccounting students are just as likely to cheat as other business students, according to a new study.
Dell will restate more than four years worth of earnings and that the restatement would cuts its net income by between $50 to $150 million.Dell admitted it had doctored the books to reach quarterly financial targets.
Sphere: Related ContentHalliburton has denied it used accounting trickery to inflate its earnings.
Securities and Exchange Commission chairman Christopher Cox has announced a task force to make financial reporting easier for investors to understand. But questions are being raised whether this will erode investor protections.
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