loss contingency

Healthcare Services Group Fined Over Accounting
Risk & Compliance

Healthcare Services Group Fined Over Accounting

CFO John Shea allegedly failed to record loss contingencies from legal liabilities, enabling HCSG to report inflated earnings and consistent growth.
By Matthew Heller | August 24, 2021
Read More
SEC Fines GM $1M Over Accounting for Recall
Risk & Compliance

SEC Fines GM $1M Over Accounting for Recall

A defect in GM's internal controls allegedly prevented its accountants from learning about a safety issue for 18 months.
By Matthew Heller | January 19, 2017
Read More