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CFOs On the Move: Week Ending June 24
McAfee, Boohoo, Carlsberg, Janus International, LaserShip, Wheels Up, JELD-WEN, LiveWire, SeaWorld, Deliveroo
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Lauren Muskett
| June 24, 2022
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improper accounting
Risk & Compliance
Sequential Brands Accused of Accounting Fraud
The SEC says senior finance personnel improperly accounted for goodwill to create a false impression of the company's financial health.
By
Matthew Heller
| December 11, 2020
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Risk & Compliance
Super Micro Fined $17M for Improper Accounting
Former CFO Howard Hideshima allegedly pressured employees to maximize revenue at the end of quarters, typically sending them dozens of emails.
By
Matthew Heller
| August 26, 2020
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Revenue Recognition
L3 Technologies Settles $1.6M Revenue Recognition Case
The SEC also accused the company of failing to maintain adequate internal controls after employees reported their concerns to the ethics board.
By
Sean Allocca
| January 12, 2017
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Risk & Compliance
FMC Technologies Fined $2.5M Over Accounting
The energy technology firm allegedly overstated profits by manipulating the liability it recorded for employee paid time off.
By
Matthew Heller
| October 21, 2016
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Supply Chain
Ex-Logitech CFO Accused of Accounting Fraud
The executive and a former Logitech controller are accused of inflating the company's operating income in fiscal 2011.
By
Matthew Heller
| April 19, 2016
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Regulation
Ex-St. Joe CFO, Others Accused of Improper Accounting
A Florida developer overstated earnings by failing in its impariment testing of real estate assets.
By
Matthew Heller
| October 27, 2015
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Growth Companies
Toshiba Shares Tumble on Accounting Revelations
The Japanese company says it understated the costs of some infrastructure projects and will set up a committee to investigate accounting irregularities.
By
Matthew Heller
| May 11, 2015
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