Deutsche Bank settles one of the last remaining cases from the financial crisis, which involved the valuation of credit default swaps.
As companies push into Europe, the Middle East, India, and Africa, executives are being pressured into higher risk behaviors, says E&Y.
The Japanese company says it understated the costs of some infrastructure projects and will set up a committee to investigate accounting…
Not only are there technological obstacles, but there is also no definitive guidance on what data should be made available to auditors.
The lawsuit accused Freddie Mac executives of misleading investors about the amount of subprime housing loans on the GSE's books.
The controller hid massive trading losses by taking out unauthorized and undisclosed company loans with Japanese banks and brokerage firms.
FASB responds to feedback that having different balance-sheet presentation for for debt issuance costs and debt discount spawns unneeded complexity.
The PCAOB staff plans to discuss auditors’ responsibilities for accounting estimates with the Standing Advisory Group in June.
The former chief of TelWorx Communications falfsified earnings and revenue in the runup to an acquisition, the SEC says.
Class-action lawsuits involving restatements of financials also reached a seven-year high in 2014, according to Cornerstone Research.