Financial Statements

SEC Fines GM $1M Over Accounting for Recall
Start Preparing Now for New Lease Accounting Rules
Ex-IEC Electronics Execs ‘Pumped Up’ Profits
Staffing Firm Fires CFO for Misstating Costs
Five Accountants Charged With Audit Violations
Top OCZ Execs Charged With Accounting Fraud
Audit Firms to Pay $318K Over Microcap Fraud
BDO to Pay $2.1Million Over Deficient Audits
EC Stands Behind IASB Accounting Rules
PCAOB Preparing New Rule for Audits of Accounting Estimates
Adoption of Clawbacks Tied to Earnings Manipulation
Tackling Disclosure Overload
Another Look at Auditor Nightmares
PCAOB’s ‘Audit Failure’ Rate Is Highly Suspect
Fixing the Financial Close Process