When Are Execs Most Likely to Inflate Earnings?
Earnings management tends to occur not when a company is getting little or a lot of attention, but rather when it's in the middle of those extremes.
Research Refutes Sarbanes-Oxley Critics
A new study offers strong evidence of a link between auditor-identified weak internal controls and subsequent fraud cases.
Why Workday Adopted New Revenue Recognition Rules Early
CFO Robynne Sisco explains the reasons the company opted, unlike all but a few others, to be an early adopter of the new revenue recognition standard.
ComScore Gets Booted Over Delinquent Filings
The analytics company was delisted from the Nasdaq exchange after failing to submit SEC filings for almost a year.
Most Companies that Make Restatements Avoid 8-Ks
But are they doing so just because the dollar amounts involved are not material? Research suggests another, less-wholesome motivation.
Ex-Valeant CFO Denies ‘Improper Conduct’
Howard Schiller says he is not to blame for the incorrect recognition of $58 million in revenue that has caused Valeant to restate its financial results.
Staffing Firm Fires CFO for Misstating Costs
Barrett Business Services stock plunges 33% after it discloses James Miller made "“unsupported journal entries” in financial records.
Tesco Settles Investor Class Action for $12M
The suit followed the U.K. grocer's admission that it overstated half-year profits by $377 million because of accounting errors.
Clawbacks Trigger Disputes Between CFOs and Auditors
Senior finance executives are pushing back against restatements that could cost them incentive pay.